HomeMy WebLinkAbout2014-327-05/05/2014Prepared by DeAnne Kobliska, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2014-327
RESOLUTION APPROVING APPLICATION WITH JOHN
ROOFF FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW TWIN HOME VALUED AT $275,000.00 FOR
PROPERTY LOCATED AT 725-727 SONYA DRIVE IN
THE CITY LIMITS URBAN REVITALIZATION AREA
(CLURA), IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
WHEREAS, John Rooff has submitted an application dated April
28, 2014 to the City Council of the City of Waterloo, Iowa,
requesting to receive tax exemptions for the construction of a
new twin home valued at $275,000.00 for property located at 725-
727 Sonya Drive, more fully described as follows:
Lot No. 10 in Sturdy Addition to Waterloo, Iowa.
Subject to restrictions, easements, covenants,
ordinances and limited access provisions of record;
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.
PASSED AND ADOPTED this 5thdaf May, 2014.
/� &V
Ernest G. Clark, Mayor
ATTEST:
Suzy SchE4res, CMC
City Clertk