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HomeMy WebLinkAbout2014-036-1 /21/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-036 RESOLUTION APPROVING APPLICATION WITH JOSH WILLMS FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW SINGLE FAMILY HOME VALUED AT $150,000.00 FOR PROPERTY LOCATED AT 5548 SUMMERLAND DRIVE IN THE CITY LIMITS URBAN REVITALIZATION AREA (CLURA), IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, Josh Willms has submitted an application dated January 10, 2014 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 5548 Summerland Drive, more fully described as follows: A survey of Parcel "T" SE 1-4, Sec 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 S00036'33"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 N12045'36"E, 69.36 feet, having a radius of 150.00', 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 sq. ft. or 0.200 acres. A survey of Parcel "U" SE 1-4, Sec 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 S00°36133"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 S42006'22"W, 44.42 feet along said Northwesterly line; thence S48016125"E, 130.35 feet, to the Westerly right of way of Summerland Drive; thence N41043136"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' radius; thence Northeasterly 40.88 feet along said curve, to a point; thence N69026113"W, 133.54 feet to the point of beginning, containing 8,978.6 sq. ft. or 0.206 acres. and, I Resolution No. 2014-036 Page 2 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% 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 21St day of January, 2014. ATTEST: t 1,17 zy Sc ares, C City Clerk Ernest G. Clark, Mayor