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HomeMy WebLinkAbout2013-813-10/14/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-813 RESOLUTION APPROVING APPLICATION WITH HAROLD O'BRYON FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW SINGLE FAMILY HOME VALUED AT $200,000.00 FOR PROPERTY LOCATED AT 3834 TRENT LANE IN THE CITY LIMITS URBAN REVITALIZATION AREA (CLURA), IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Harold O'Bryon has submitted an application dated August 2, 2013 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the construction of a new single family home valued at $200,000.00 for property located at 3834 Trent Lane, more fully described as follows: Unit 3834 and the undivided percentage interest in the common elements appurtenant to said unit, `Trent Hill Condominium No. 1", Waterloo, Black Hawk County, Iowa, recorded August 13, 2003 in Doc. #2004-05108, as amended by First Amendment to Declaration recorded August 16, 2004 in Doc. #2005-04203, Second Amendment to Declaration recorded October 12, 2006 in Doc. #2007- 08559 and Third Amendment to Declaration recorded July 18, 2013 in Doc. #2014-01467 being laid out on part of Parcel "M" of Plat of Survey filed in 343 Misc. 864. AND Trent Lane Access Easement being that part of Parcel "M" of Plat of Survey 343 Misc 864 of part of the Southwest Quarter of Section No. 5, Township 88 North, Range No. 13 West of the Fifth Principal Meridian, Black Hawk County, Iowa, described in Survey Doc. #2004-05109 filed August 13, 2003, in the City of Waterloo, Black Hawk County, Iowa; 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, 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 1000 For the second year 1000 For the third year 1000 J Resolution No. 2013-813 Page 2 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 14th d of October, 2013. //' /j Ernest G. Clark, Mayor ATTEST: Qa�e_� uzy Sc ares, CMC City ClIrk