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HomeMy WebLinkAbout2013-23-1 /14/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-23 RESOLUTION APPROVING APPLICATION WITH NATHAN NEFF FOR TAX EXEMPTIONS ON THE REHABILITATION OF A SINGLE FAMILY HOME TOTALING $20,000.00 FOR PROPERTY LOCATED AT 1710 BURTON AVENUE IN THE CONSOLIDATED URBAN REVITALIZATION AREA, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Nathan Neff has submitted an application dated November 19, 2012 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the rehabilitation of a single family home totaling $20,000.00 for property located at 1710 Burton Avenue, more fully described as follows: That part of the West Half of the Southwest Quarter of the Northwest Quarter of Section No. Fourteen (14), Township No. Eighty-nine (89) North, Range No. Thirteen (13 ) West of the Fifth (5 th) Principal Meridian, in the City of Waterloo, Iowa, described as follows: Commencing at a point on the West line of said Section that is Seven Hundred Fifty-two and Seven Tenths (752.7) feet North of the Southwest corner of the Northwest Quarter of said Section, thence Easterly at an angle of Eighty-nine (89) degrees Fifteen (15) minutes in the Southeast a distance of Five Hundred Ninety-three and Two tenths (593.2) feet to the Southwesterly line of the Illinois Central Railroad Right of Way, thence Northwesterly along the Southwesterly line of said Right of Way a distance of Eighty-nine and Three tenths (89.3) feet, thence West along a line that is parallel with and Fifty-eight and Four Tenths (58.4) feet distant from the first described course a distance of Five Hundred Twenty-five and Fifty-three Hundredths (525.53) feet to the West line of said Section, thence South along the West line of said Section a distance of Fifty-eight and Four Tenths (58.4) feet to the place of beginning; Except that part of said tract conveyed to the Waterloo, Cedar Falls and Northern Railway Company by Deed recorded in Town Lot Deed Record 90, at page 238, of the records of Black Hawk County, Iowa, and except that part of said tract conveyed to the State of Iowa by Warranty Deed recorded in Land Deed Record 113, at page 1, of the records of said County. Subject to easements, restrictions, covenants, ordinances and limited access provisions of record; 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 rehabilitation 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 Resolution No. 2013-23 Page 2 WHEREAS, the rehabilitation 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 For the second year For the third year 100% 100% 100% 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 ATTEST: t -C'c r* 9-� Suzy S hares, CMC City Cl rk 14th day f January, 2013. L� Ernest G. Clark, ayor