HomeMy WebLinkAbout2013-841-10/21/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-841
RESOLUTION APPROVING APPLICATION WITH SHERMAN
WISE FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW SINGLE FAMILY HOME VALUED AT
$133,000.00 FOR PROPERTY LOCATED AT 919 WEST
PARKER STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA), IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Sherman Wise has submitted an application dated
September 16, 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 $133,000.00 for property
located at 919 West Parker Street, more fully described as
follows:
Tract 7 of Plat of Survey Doc. #2012-05790 being a part
of Lots 7 and 8, Block 14, Second Addition to Grand
View Place, Waterloo, Iowa.
Subject to covenants, restrictions, ordinances,
easements, and limited access provisions of record;
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area (CURA) 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 Consolidated Urban
Revitalization Area (CURA) 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 improvements are eligible for the
tax exemption as set forth in the Consolidated Urban
Revitalization Area (CURA) 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
1000
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.
Resolution No. 2013-841
Page 2
PASSED AND ADOPTED this 21St da of October, 2013.
Ernest G. Clark, Mayor
ATTEST:
y Sc res, CMC
City Cl rk