HomeMy WebLinkAbout2014-132-2 /24/2014Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2014-132
RESOLUTION APPROVING APPLICATION WITH KEVIN &
ANGELA BALLENGER FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW TWIN HOME (CONDO)
VALUED AT $150,000.00 FOR PROPERTY LOCATED AT
5546 SUMMERLAND DRIVE IN THE CITY LIMITS
URBAN REVITALIZATION AREA (CLURA), IN THE
CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Kevin & Angela Ballenger has submitted an
application dated February 14, 2014 to the City Council of the
City of Waterloo, Iowa, requesting to receive tax exemptions for
the construction of a new twin home (condo) valued at $150,000.00
for property located at 5546 Summerland Drive, more fully
described as follows:
A survey of parcel "T" Southeast '-4, Section 13, T88N,
R13W, of the 5th P.M., being part of Lot 47 Summerland
Farms, City of Waterloo, Black Hawk County, State of
Iowa, more particularly described as follows:
Beginning at the Northwesterly corner of said Lot 47;
thence S00°36'33"E, 28.77 feet along the West line of
said Lot 47; thence S42006'22"W, 15.58 feet along the
Northwesterly line of said Lot 47; thence S69026113"E,
133.54 feet, to a point on a nontangental curve,
concave Westerly having a chord bearing of N12°45136"E,
69.36 feet, having a radius of 150.00 feet, to the
Easterly line of said Lot 47, also being the Westerly
right of way line of Summerland Drive; thence 70.00
feet along said curve, along said Westerly right of way
of Summerland Drive; thence N00036'33"W, 21.08 feet
along the Westerly right of way of said Summerland
Drive to the north line of said Lot 47; thence
S89020'22"W, 130.10 feet along said North line, to the
point of beginning, containing 8,720.2 square feet or
0.200 acres.
A survey of parcel "U" Southeast '-4, Section 13, T88N,
R13W, of the 5th P.M., Being part of Lot 47 Summerland
Farms, City of Waterloo, Black Hawk County, State of
Iowa, more particularly described as follows:
Commencing at the Northwesterly corner of said Lot 47,
thence S00036133"E, 28.77 feet along the West line of
said Lot 47; thence S42006'22"W, 15.58 feet along the
Northwesterly line of said Lot 47, to the point of
beginning; thence continuing S42°06122"W, 44.42 feet
along said Northwesterly line; thence S48016125"E,
130.35 feet, to the Westerly right of way of Summerland
Drive; thence N41043'36"E, 52.25 feet along said
Westerly right of way, to a point on a curve concave
Northwesterly, having a chord bearing of N33056115"E,
40.75 feet with a 150.00 feet radius; thence
Northeasterly 40.88 feet along said curve, to a point;
thence N690261 13"W, 133.54 feet to the point of
beginning, containing 8,978.6 square feet or 0.206
acres.
Subject to easements, restrictions, covenants,
ordinances and limited access provisions of records;
C 6
Resolution No. 2014-132
Page 2
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 improvements are 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
For the second year
For the third year
1000
100%
1000
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
ATTEST:
E-,- A�w
Suzy Sch res, CMC
City Clerk
24th da of February, 2014.
nest G. Clark, Mayor