Loading...
HomeMy WebLinkAbout2017-101-2/13/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-101 RESOLUTION APPROVING THE REQUEST OF PETER HOECKER FOR TAX EXEMPTIONS ON THE CONSTRUCTION OF A NEW CONDO VALUED AT $164,900, FOR PROPERTY LOCATED AT 4007 SARAH DRIVE, AND LOCATED IN THE CITY LIMITS URBAN REVITALIZATION AREA(CLURA). WHEREAS, Peter Hoecker has submitted an application dated January 31, 2017, to the City Council of the City of Waterloo, Iowa, requesting to receive tax exemptions for construction of a new condominium valued at $164,900 for property located at 4007 Sarah Drive, and located in the City Limits Urban Revitalization Area(CLURA),more fully described as follows: CROSSROADS ESTATES REPLAT NO. 1 LOT 117, 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 a and signed by the Governor of the State of Iowa, and WHEREAS said applicant ant is requesting the following three- ear 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. PASSED AND ADOPTED this 13t`day of February 2017. Quentin Hart, Mayor -AT Tl Kelley Felchl City Clerk CITY LENRTS URBAN REVITALIZATION APPLICATION JAN 3 1 2017 FOR PROPERTY TAX EXElv1PTION FOR CONSTRUCTION OF NEW ONE TWO FAMILY DWELLINGS UNDER THE PROVISIONS OF THE CITY LIMITS U REVITALIZATION AREA PLAN ADOPTED BY THE CITY COUNCIL OFT 1� ON10 WATERLOO. The City Limits Urban Revitalization Area(CLURA)is a 3-year IGO%property tax exemption for newly constructed one or two family dwellings(single family homes or duplex/twin homes only)that meet the following criteria: I. 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 February 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 tiled 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 JJuly 118,2011 do not qualify. NAME: r SIGN-ATLRE: ADDRESS: �o� �� Dr TELEPHONE: -41 DATE: A. What is the.lddress of the property being improved? Dr. IA�aCt' op, -�Z What is the Legal Description of the property?(May be available at County Recorder's Office on 2"J floor of the Courthouse) Gr'SS �bce1! e-s(Mks /J© ( loi i( 2 CCM+X91:5 6, AA-1. V0-WA I- j- 4ka—I B. What was the nature of the improvement(s)?(must be single family homes or duple:Kgwin homey to qualify) Ntw h o m e (AWA �-- C. City of Waterloo Building and Inspections Department Information: Permit Number: _ Date permit was issued: &fi�� Total permit(s)valuation: 7b, o0 Z) D. What was the cost of the new construction'? (Le'-f, 9,ou - E. Estimated or actual date of completion of this new construction' -7 020 1(p C F WATERLOO APPROVED DATED: 121 RESOLUTTION NO: ____J_ 10 DENIED BLACK K:XW'K COL;iNTY ASSESSOR APPROVED DATED: T.J.Koenigsfeld — DENIED Black Harr.k County Assessor Vote: City Council approval does not_uarantee tax exemption,. The application must be reviewed and approved by the Black.hawk County Assessor's Office for criteria eligibility.