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HomeMy WebLinkAbout2014-088-2 /10/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-088 RESOLUTION APPROVING APPLICATION WITH KANESHIA HARRINGTON FOR TAX EXEMPTIONS ON THE INTERIOR REMODEL OF A SINGLE FAMILY HOME TOTALING $1,500.00 FOR PROPERTY LOCATED AT 518 E. 2ND STREET IN THE CONSOLIDATED URBAN REVITALIZATION AREA (CURA), IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Kaneshia Harrington has submitted an application dated January 28, 2014 to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions on the interior remodel of a single family home totaling $1,500.00 for property located at 518 E. 2nd Street, more fully described as follows: The Southwesterly 37 feet in width of the Northwesterly One-half of Lot No. 3; and the Northwesterly 10 feet in width of the Northwesterly One-half of Lot No. 6; all in Block No. 63 in The Cooley Addition to Waterloo, Iowa. Subject to easements, restrictions, covenants, ordinances 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 interior remodel 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 interior remodel 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 100% For the second year 1000 For the third year 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. 2014-088 Page 2 PASSED AND ADOPTED this 10th day of February, 2014. Ernest G. Clark, Mayor ATTEST: Suzy Schares, CM City Cle k