- urban renewal project powers can only be exercised either by a municipality
- ” Judge Sosalla wrote. He also stated that the status of 380 DG and its compliance with Iowa Code chapter 403 are “sufficiently in issue to warrant a full hearing prior to the city completing its urban renewal project involved in this action.”
- City Administrator Ryan Heiar acknowledged the city is re-doing that process. Another public hearing to amend the city’s Urban Renewal plan is scheduled for Dec. 14.
- 24 of which will be given to the University of Iowa Community Credit Union (UICCU) to build a large customer support center. The remaining 40 acres will remain with the city until which time lots can be sold to other commercial entities.
- $37 million in TIF debt