HomeMy WebLinkAbout2014-324-05/05/2014Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2014-324
RESOLUTION APPROVING APPLICATION WITH DORIS
SEALOCK FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW TOWN HOME VALUED AT
$184,000.00 FOR PROPERTY LOCATED AT 1307
PINTAIL DRIVE IN THE CITY LIMITS URBAN
REVITALIZATION AREA (CLURA), IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
WHEREAS, Doris Sealock has submitted an application dated
April 23, 2014 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemptions for the construction of a
new town home valued at $184,000.00 for property located at 1307
Pintail Drive, more fully described as follows:
Unit 1307 in "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.
"This conveyance is in the ordinary course of business,
and the signor is duly authorized to convey the above-
described real estate herein, and the LLC is member -
managed."
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
1000
1000
1000
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. 2014-324
Page 2
PASSED AND ADOPTED this 5th day of ay, 2014.
nest G. Clark, Mayor
ATTEST: �1
Suzy Scha es, CMC
City Clerk