HomeMy WebLinkAbout2014-513-6 /23/2014Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2014-513
RESOLUTION APPROVING APPLICATION WITH TAMARA
STOCKS FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW TWIN HOME (CONDO) VALUED AT
$175,000.00 FOR PROPERTY LOCATED AT 4147
MOURNING DOVE DRIVE IN THE CITY LIMITS URBAN
REVITALIZATION AREA (CLURA), IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Tamara Stocks has submitted an application dated
April 22, 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 $175,000.00 for property located
at 4147 Mourning Dove Drive, more fully described as follows:
Unit 4147 Mourning Dove Drive and the undivided
interest in the common elements appurtenant to said
unit, in Crossroads, A Condominium, recorded in Doc.
#2014-02198 on July 29, 2013 as amended by first
Amendment to Declaration recorded October 16, 2013 in
Doc. #2014-08347, by Second Amendment to Declaration
recorded December 26, 2013 in Doc. #2014-12658 and by
Third Amendment to Declaration recorded January 27,
2014 in Doc. #2014-14368, being laid out on Lots 59,
60, 61, 62 and 134 through 140 in Crossroads Estates
Replat No. 1, Waterloo, Black Hawk County, Iowa.
Subject to zoning, easements, restrictions, covenants,
ordinances and limited access provisions of records;
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
100%
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.
Resolution No. 2014-513
Page 2
PASSED AND ADOPTED this 23rd dayo June, 2014.
ATTEST: Ernest G. Clark, Mayor
Suzy Sc e CMC
City Cle k