HomeMy WebLinkAbout2014-037-1 /21/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-037
RESOLUTION APPROVING APPLICATION WITH JAMES
A. MEASE FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW TWIN HOME VALUED AT
$188,000.00 FOR PROPERTY LOCATED AT 1309
PINTAIL DRIVE IN THE CITY LIMITS URBAN
REVITALIZATION AREA (CLURA), IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, James A. Mease has submitted an application dated
January 14, 2014 to the City Council of the City of Waterloo,
Iowa, requesting to receive tax exemptions on the construction of
a new twin home valued at $188,000.00 for property located at
1309 Pintail Drive, more fully described as follows:
1309 Pintail Drive Unit B of "Villas of Pintail, a
Condominium" according to the Declaration recorded
October 3, 2007, as Doc. No. 2008-07479, in the office
of the Recorder of Black Hawk County, Iowa, and as
subsequently amended, together with said Unit's
undivided interest in the common elements appurtenant
thereto, as provided in the Declaration.
Villas of Pintail is laid out on Lots 1 through 6 in
Crossroads Estates Replat No. 3, in the City of
Waterloo, Black Hawk County, Iowa;
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 100%
For the second year 1000
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.
Resolution No. 2014-037
Page 2
PASSED AND ADOPTED this 21St day of January, 2014.
Jnb's-t�4GaClaifk, 'Mayor
ATTEST:
Suzy Schres, CMC
City Cle k