HomeMy WebLinkAbout2017-63-2/6/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319)291-4323.
RESOLUTION NO. 2017-63
RESOLUTION APPROVING THE REQUEST OF JARED
ALLEN FOR TAX EXEMPTIONS ON THE CONSTRUCTION
OF A NEW SINGLE FAMILY HOME VALUED AT $130,000, FOR
PROPERTY LOCATED AT 5821 SUMMERLAND DRIVE, AND
LOCATED IN THE CITY LIMITS URBAN REVITALIZATION
AREA(CLURA).
WHEREAS, Jared Allen has submitted an application dated January 24, 2017,to the City
Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for construction of a
new single family home valued at $130,000.00 for property located at 5821 Summerland Drive,
and located in the City Limits Urban Revitalization Area (CLURA), more fully described as
follows:
SUMMERLAND PARK FIRST ADDITION LOT 81, IN THE CITY OF WATERLOO,
BLACK HAWK COUNTY, IOWA.
Subject to 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 100%
For the second year 100%
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.
o
PASSED AND ADOPTED this 6 tday of February 2017.
Quentin Hart, Mayor
Resolution No. 2017-63
Page 2
ATTEST:
1
Kelley Fel e
City Clerk
r
For Office Use Only
Date Received:
Received by:
Staff to makeGe y or P kant
CITY LIMITS URBAN REVITALIZATION APPLICATION
APPLICATION FOR PROPERTY TAX EXEMPTION FOR CONSTRUCTION OF NEW ONE OR TWO FAMILY
DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS URBAN REVITALIZATION AREA PLAN
ADOPTED BY THE CITY COUNCIL OF THE CITY OF WATERLOO.
The City Limits Urban Revitalization Area(CLURA)is a 3-year 100%property tax exemption on the actual value added for
new construction one or two family dwellings(single family homes or duplex/twin homes only)that meet the following criteria:
1. Be located within the CLURA boundaries(a map of which can be obtained from the City of Waterloo Community Planning
&Development Department.)
2. This application must be filed with City prior to the I"working day of Februarx following the year when the improvements
are completed to comply with the timeline of the State Code of Iowa, Section 404.4 unnumbered paragraph 2. However, a
single application may be filed upon completion of an entire project requiring more than one year to construct or complete,
providing prior approval has been granted by the City Council or County Board of Supervisors.
Please fill out the following information for your application to be submitted to the City Council.Projects started prior to the
adoption date of July 18,2011 do not qualify.
NAME: �dl t �It��, SIGNATURE: <
ADDRESS:
TELEPHONE: -311, 23o '05;L) DATE:
A. What is the Address of the property being improved? ��l Su rr,/h(Af IJ I /
What is the Legal Description of the property?(May be available at County Recorder's Office on 2nd floor of the Courthouse)
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B. What was the nature off the improvement(s)?(must be single family homes or duplex/twin homes to qualify)
6 — S V,1,5hJ0, L
C. City of Waterloo Building and Inspections Department Information,
Permit Number: r [ t'a Date permit was issued: v/17//S Total permit(s)valuation: _moi
D. What was the cost of the new construction? /�v y'y
E. Estimated or actual date of completion of this new construction?
Note: City Council approval does not guarantee tax exemptions. The application must be reviewed and approved by the
Black Hawk County Assessor's Office for criteria eligibility.
CITY OF WATERLOO OFFICE USE ONLY
APPROVED DATED: b t'1 RESOLUTION NO: av 1
DENIED
BLACK HAWK COUNTYASSESSOR OFFICE USE ONLY
APPROVED DATED:
T.J.Koenigsfeld
DENIED Black Hawk County Assessor