HomeMy WebLinkAbout2014-007-01/13/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-007
RESOLUTION APPROVING APPLICATION WITH DAVID
SCROGGINS FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY HOME
VALUED AT $85,000.00 FOR PROPERTY LOCATED AT
1043 CALHOUN STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA (LURA), IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, David Scroggins has submitted an application dated
December 18, 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 $85,000.00 for property
located at 1043 Calhoun Street, more fully described as follows:
Auditor Barnes Plat of Maywood Lot 17, in the City of
Waterloo, Black Hawk County, Iowa;
and,
WHEREAS, said property is located within the designated
Consolidated Urban Revitalization Area (LURA) 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 (LURA) 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 (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 three-
year exemption schedule:
For the first year
For the second year
For the third year
1000
1000
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 13th day of January, 2014.
rnest G. Clark,Mayor
ATTEST:
Suzy Sc ares, CMC
City Cl rk