HomeMy WebLinkAbout2013-25-01/14/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-25
RESOLUTION APPROVING APPLICATION WITH KADIR
DIZDARIC FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW DUPLEX TOTALING
$115,000.00 PER UNIT FOR PROPERTY LOCATED AT
1923 AND 1925 RED TAIL DRIVE IN THE CITY
LIMITS URBAN REVITALIZATION AREA (CLURA), IN
THE CITY OF WATERLOO, BLACK HAWK COUNTY,
IOWA.
WHEREAS, Kadir Dizdaric has submitted an application dated
October 31, 2012 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on the construction of
a new duplex totaling $115,000.00 per unit for property located
at 1923 and 1925 Red Tail Drive, more fully described as follows:
Parcel "E", NW 1/4, Section 08, T88N, R13W, also known
as the West portion of Lot 18, Audubon Park Sixth
Addition to the City of Waterloo, Black Hawk County,
State of Iowa, more particularly described as follows:
Beginning at the Northwesterly corner of said Lot 18;
thence South 21 Degrees 09 Minutes 35 Seconds West
120.04 feet along the Westerly line of said Lot 18;
thence South 52 Degrees 25 Minutes 16 Seconds East
56.73 feet along the Southerly line of said Lot 18;
thence North 22 Degrees 16 Minutes 29 Seconds East
136.18 feet along the common line between 1925 Red Tail
Drive and 1923 Red Tail Drive; thence North 68 Degrees
54 Minutes 50 Seconds West 57.07 feet along the
Northerly line of said Lot 18 to the point of
beginning, containing 7,151.4 square feet, or 0.164
acres.
Parcel "F", NW 1/4, Section 08, T88N, R13W, also known
as the East portion of Lot 18, Audubon Park Sixth
Addition to the City of Waterloo, Black Hawk County,
State of Iowa, more particularly described as follows:
Beginning at the Northeasterly corner of said Lot 18;
thence North 68 Degrees 54 Minutes 50 Seconds West
52.93 feet along the Northerly line of said Lot 18;
thence South 22 Degrees 16 Minutes 29 Seconds West
136.18 feet along the common line between 1925 Red Tail
Drive and 1923 Red Tail Drive; thence South 52 Degrees
25 Minutes 16 Seconds East 58.11 feet along the
Southerly line of said Lot 18; thence North 21 Degrees
05 Minutes 53 Seconds East 152.65 feet along the
Easterly line of said Lot 18 to the point of beginning,
containing 7,856.3 square feet, or 0.180 acres;
and,
WHEREAS, said property is located within the designated City
Limits Urban Revitalization Area (CLURA) in Waterloo, Iowa, as
previously established by the City Council of the City of
Waterloo, Iowa, and,
Resolution No. 2013-25
Page 2
WHEREAS, the new construction project respecting said
property is in conformance with the City Limits Urban
Revitalization Area (CLURA) Plan as officially adopted by the
City Council for the City of Waterloo, Iowa, and
WHEREAS, the new construction on said property was made
during the time in which such construction is eligible for the
tax exemption as set forth in the City Limits Urban
Revitalization Area (CLURA) 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:
Suzy Sch res, CMC
City Cle k
14th da of January, 2013.
-tehest G. Clark, Mayor