HomeMy WebLinkAbout2014-150-03/03/2014Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-
4323.
RESOLUTION NO. 2014-150
RESOLUTION APPROVING APPLICATION WITH
PATRISHA SERFLING FOR TAX EXEMPTIONS FOR THE
CONSTRUCTION OF AN ADDITION TO A SINGLE
FAMILY HOME TOTALING $25,900.00 FOR PROPERTY
LOCATED AT 642 W. PARKER STREET IN THE
CONSOLIDATED URBAN REVITALIZATION AREA
(LURA), IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, Patrisha Serfling has submitted an application
dated February 24, 2014 to the City Council of the City of
Waterloo, Iowa, requesting to receive tax exemptions for the
construction of an addition to a single family home totaling
$25,900.00 for property located at 642 W. Parker Street, more
fully described as follows:
A part of the East one-half of the Northeast Quarter of
the Southwest Quarter of Section No. Fourteen (14),
Township No. Eighty-nine (89) North, Range No. Thirteen
(13) West of the Fifth (5th) Principal Meridian, In
Black Hawk County, Iowa, described as follows, to -wit:
Commencing at a point on the North line of Parker
Street which is Thirty-three (33) feet North of a point
that is Three Hundred and ten (310) feet East of the
Southwest corner of the East one-half of the Northeast
Quarter of the Southwest Quarter of said Section No.
Fourteen (14); thence North Three Hundred (300) feet;
thence West one -hundred (100) feet; thence South Three
Hundred (300) feet; thence East along the North line of
Parker Street to the place of beginning.
Subject to easements, restrictions, covenants,
ordinances and limited access provisions of record;
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 interior remodel 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 interior remodel 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 (CURA) 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 10 -year
partial exemption schedule:
For the first year 80%
For the second year 70%
Resolution No. 2014-150
Page 2
For
the
third
year
60%
For
the
fourth
year
500
For
the
fifth
year
400
For
the
sixth
year
40%
For
the
seventh
year
30%
For
the
eighth
year
300
For
the
ninth
year
20%
For
the
tenth
year
20%
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:
Suzy Schaes, CM
City Cler
3rd day of March, 2014.
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Ernest G. Clark, Mayor