HomeMy WebLinkAbout2026-443-08.17.2026.docDocusign Envelope ID: B5D0EEFF-A50D-8372-8193-585B17102E38
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-443
RESOLUTION APPROVING THE REQUEST BY ARP PATEL,
FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A
NEW SINGLE-FAMILY HOME VALUED AT $100,000.00,
FOR PROPERTY LOCATED AT 136 JANNEY AVENUE AND
LOCATED IN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA).
WHEREAS, Arp Patel has requested tax exemptions for the construction of a new single-
family home valued at $100,00.00for property located at 136 Janney Avenue and
WHEREAS, the property is located within the Consolidated Urban Revitalization Area
(CURA), making it eligible for such tax exemptions under the applicable statutes and ordinances,
and
WHEREAS, the new construction of this building meets the eligibility criteria as outlined
in the CURA plan, which aims to foster residential development and investment in the urban
core, and
WHEREAS, granting this tax exemption is anticipated to enhance residential housing,
stimulate economic growth, and promote community revitalization, and
WHEREAS, said applicant is requesting 100% exemption for three years on the actual
value added by improvements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The City Council hereby approves the request by Arp Patel for tax exemptions for the
construction of a new single-family home located at 136 Janney Avenue, valued at $280,529.00,
in accordance with the guidelines of the City Urban Revitalization Area plan.
2. The property owner, Arp Patel shall be eligible for specified tax exemptions subject to
compliance with the terms and duration set forth in the CURA guidelines.
PASSED AND ADOPTED this 6th day of July 2026.
ATTEST:
Signed by:
Witty fddie
Kelley
-FFbuB r 1pec leF�B t�4AB.
, City Clerk
5Signed by:
e4.4 botStAA,
39a aiBsD3421
David oesen, Mayor
Docusign Envelope ID: B5D0EEFF-A50D-8372-8193-585B17102E38
Resolution No. 2026-443
Page 2
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution 2026-443 as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 17th day of August 2026.
Witness my hand and seal of office this 17th day of August 2026.
,-Signed by:
Kd& f
Kellley Fefchie,BCity Clerk