HomeMy WebLinkAbout2013-339-05/06/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-339
RESOLUTION APPROVING APPLICATION WITH AMIR
HUSIDIC FOR TAX EXEMPTIONS FOR THE
CONSTRUCTION OF AN AUTO REPAIR SHOP VALUED AT
$169,000.00 LOCATED AT 306 WEST 11TH STREET
IN THE CONSOLIDATED URBAN REVITALIZATION
AREA, IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Amir Husidic has submitted an application dated
October 3, 2012 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions for the construction
of an auto repair shop valued at $169,000.00 located at 306 West
11th Street, more fully described as follows:
A parcel of land located in part of Lot 1 in Block 43
in the Original Plat on the west side of the Cedar
River in the City of Waterloo, Black Hawk County, Iowa
described as follows:
Beginning at the northwesterly corner of said Lot 1;
thence S400511,�'W, 141.1 ft. along the northwesterly
line of said Lot 1; thence S480531E, 44.0 ft. along the
southwesterly line of said Lot 1; thence N43058'�'E,
15.5 ft.; thence N47°371,�'E, 98.7 ft.; thence N42°15'E,
28.6 ft.; thence N490571,�'W, 57.2 ft. to the Point of
Beginning, containing 7249 sq. ft., more or less;
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 construction 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 construction 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%
1000
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.
Resolution No. 2013-339
Page 2
PASSED AND ADOPTED this 6th day of May, 2013.
/'" j I, , &' i
Ernest G. Clark, Mayor
ATTEST:
Suzy Sch res, CMC
City Cler