HomeMy WebLinkAbout2013-738-09/09/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-738
RESOLUTION APPROVING APPLICATION WITH
SHANQUIESHA ROBINSON FOR TAX EXEMPTIONS ON
IMPROVEMENTS TOTALING $133,000.00 FOR
PROPERTY LOCATED AT 930 NEWTON STREET IN THE
CONSOLIDATED URBAN REVITALIZATION AREA
(CURA), IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Shanquiesha Robinson has submitted an application
dated May 23, 2013 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on improvements
totaling $133,000.00 for property located at 930 Newton Street,
more fully described as follows:
Tract 13 of Plat of Survey Doc. #2012-23389 being a
part of Lots 16 and 17, Block 14, and the vacated alley
adjacent thereto, Second Addition to Grand View Place,
Waterloo, Iowa;
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 improvement project respecting said property is
in conformance with the Consolidated Urban Revitalization Area
(LURA) Plan as officially adopted by the City Council for the
City of Waterloo, Iowa, and
WHEREAS, the improvements on said property were made during
the time in which such improvements are eligible for the tax
exemption as set forth in the Consolidated Urban Revitalization
Area (LURA) 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 10 -year
partial exemption schedule:
For
the
first year
800
For
the
second year
70%
For
the
third year
600
For
the
fourth year
500
For
the
fifth year
400
For
the
sixth year
400
For
the
seventh year
300
For
the
eighth year
30o
For
the
ninth year
20o
For
the
tenth year
20o
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. 2013-738
Page 2
PASSED AND ADOPTED this 9th day of September, 2013.
Ernest G. Clark, Mayor
ATTEST:
Suzy Scares,
City Cl rk