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HomeMy WebLinkAbout2013-136-02/25/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-136 RESOLUTION APPROVING APPLICATION WITH JOSE JARAMILLO FOR TAX EXEMPTIONS FOR IMPROVEMENTS TO A COMMERCIAL BUILDING TOTALING $20,185.00 FOR PROPERTY LOCATED AT 1927 JEFFERSON STREET IN THE CONSOLIDATED URBAN REVITALIZATION AREA, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Jose Jaramillo has submitted an application dated September 28, 2012 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on improvements to a commercial building totaling $20,185.00 for property located at 1927 Jefferson Street, more fully described as follows: Lot No. 10 and the Southwest one-half of the vacated alley lying adjacent to said Lot 10, all in Block No. 6 in Hayes' Addition to the Town of Waterloo, Iowa; and, WHEREAS, said property is located within the designated Consolidated Urban Revitalization Area in Waterloo, Iowa, as previously established by the City Council of the City of Waterloo, Iowa, and WHEREAS, the improvements project respecting said property is in conformance with the Consolidated Urban Revitalization Plan as officially adopted by the City Council for the City of Waterloo, Iowa, and WHEREAS, the improvements on said property was made during the time in which such improvements are eligible for the tax exemption as set forth in the Consolidated Urban Revitalization Plan as adopted by the City Council of the City of Waterloo, Iowa, and as set forth in the Urban Revitalization Act as adopted by the Legislature of the State of Iowa and signed by the Governor of the State of Iowa, and WHEREAS, said applicant is requesting the following three- year exemption schedule: For the first year 1000 For the second year 1000 For the third year 1000 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that said application is hereby approved and the City Clerk is hereby authorized and directed to forward said application and a copy of this resolution to the Assessor. PASSED AND ADOPTED this 25th day of February, 2013. Ernest G. Clark, Mayor ATTEST: Suzy Schaes, CMC City Cler