HomeMy WebLinkAbout2014-113-2 /17/2014.r
Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-113
RESOLUTION APPROVING APPLICATION WITH NEIL
MILLER FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF NEW TWIN HOMES VALUED AT $220,000.00 FOR
PROPERTY LOCATED AT 1813-1815 CASTLE STREET
IN THE CITY LIMITS URBAN REVITALIZATION AREA
(CLURA), IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Neil Miller has submitted an application dated
February 7, 2014 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on the construction of
new twin homes valued at $220,000.00 for property located at
1813-1815 Castle Street, more fully described as follows:
The West 100 feet of that part of the Northeast Quarter
of the Northeast Quarter of Section No. Twenty (20),
Township No. Eighty-nine (89) North, Range No. Thirteen
(13) West of the Fifth Principal Meridian, Black Hawk
County, Iowa, described as follows: Commencing at the
intersection of the West line of South Hackett Road and
the North line of Section Twenty (20); thence West Two
Hundred Thirty (230) feet, thence South One Hundred
Thirty-two (132) feet; thence East Two Hundred Thirty
(230) feet to the West line of South Hackett Road;
thence North One Hundred Thirty-two (132) feet to the
place of beginning, except the East Ten (10 ) feet, and
except the North Twenty-five (25) feet of said Section.
Subject to easements, restrictions, covenants,
ordinances, and limited access provisions of record;
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 100%
For the third year 100%
Resolution No. 2014-113
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 17th day of February, 2014.
Jnest G. Clark, aMay��or-
ATTEST:
uzy S h res, CMC
City Clerk