- the city’s 20-year repayment plan goes beyond the state’s permitted four-year repayment schedule outlined in the Iowa Code’s guidelines for urban renewal projects.
- 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.
- currently identifies four areas for commercial development. The 64 acres targeted by the UICCU is located in an area designated for residential growth. Not only is the suggested move inconsistent with the comprehensive plan
- to approve the $11.3 million acquisition of 64 acres of property from North Liberty
- UICCU presents site plan