HomeMy WebLinkAbout2014-008-1 /13/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-008
RESOLUTION APPROVING APPLICATION WITH
SCHNIQUE WILLIAMS FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW SINGLE FAMILY HOME
VALUED AT $150,000.00 FOR PROPERTY LOCATED AT
204 EAST 8TH STREET IN THE CONSOLIDATED URBAN
REVITALIZATION AREA (CURA), IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Schnique Williams has submitted an application
dated September 11, 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 $150,000.00
for property located at 204 East 8th Street, more fully described
as follows:
Lot 10 and the Southwesterly 1.5 feet of Lot 7 in Block
18 in the Original Plat, on the East Side of the Cedar
River, in the City of Waterloo, Black Hawk County,
Iowa;
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 new construction 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 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
100%
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.
PASSED AND ADOPTED this
ATTEST:
uzy Scares, CMC
City ClIrk
13th day of January, 2014.
Ernest G. Clark, Mayor