Item Coversheet
CITY OF WATERLOO

Council Communication

Resolution approving the request of Gregory S. Nelsen for tax exemptions on the construction of a new single family home valued at $193,546 for property located at 4153 Mockingbird Lane and located in the City Limits Urban Revitalization Area (CLURA).

City Council Meeting: 12/15/2014
Prepared: 12/8/2014
SUBJECT:

Resolution approving the request of Gregory S. Nelsen for tax exemptions on the construction of a new single family home valued at $193,546 for property located at 4153 Mockingbird Lane and located in the City Limits Urban Revitalization Area (CLURA).

Submitted by:
Submitted By: Noel Anderson, Community Planning & Development Director
Recommended Action:
REsolution approving the CLURA application from Gregory S. Nelsen for the construction of a new single family home located at 4153 Mockingbird Lane, Waterloo, Iowa 50703, valued at $193,546 and authorize Mayor and City Clerk to execute said documents.
Summary Statement:

The Planning, Programming, and Zoning Commission staff has reviewed this application and feels that the project qualifies for exemptions from taxes on the actual value added to Residential property under the City Limits Urban Revitalization Area Plan.

Expenditure Required:
N/A
Source of Funds:
N/A
Policy Issue:
CLURA
Alternative:
N/A
Background Information:
N/A