Dundee
Dundee, IA · Real Estate
Insurance Journal
TrueNorth Launches Property Program for Aging Community Associations, Apartments
TrueNorth Companies announced a new property program designed to help community associations and apartments owners, including affordable housing and student housing properties, secure broad coverage at a competitive price. As buildings get older, they lose access to standard insurance markets. Once a property passes an insurer’s internal age cutoff for...
Cedar Rapids Gazette
Cedar Rapids sends eminent domain case to county board
CEDAR RAPIDS — The city of Cedar Rapids has referred a Time Check property to the county compensation commission, the next step in eminent domain proceedings against the northwest residence. City Council members this week voted unanimously in favor of the referral after approving an updated fair market value for the property at $200,000. The matter is slated for a Linn County Compensation Commission hearing in November or December, unless a voluntary agreement is reached beforehand. The commission acts as an independent third party that decides the amount of money people are offered to relocate from their homes in cases when a voluntary agreement cannot been reached. “They will consider what the appraisers the city hired (said) and review that. Then they’ll review any information provided by the property owner,” said Rob Davis, the city’s flood control systems manager. “Negotiations can continue up until the morning of that hearing.” The property at 1426 First St. NW is home to Greg Vail and Ajai Dittmar, who rebuilt the structure after it was destroyed in the 2008 flood. It’s the only house left on its block within the Time Check neighborhood. The homeowners have publicly opposed the eminent domain process, launching an
KCRG.com
Data center worker influx strains Cedar Rapids housing market
CEDAR RAPIDS, Iowa (KCRG) - Homes in Cedar Rapids are selling in an average of 5 days, and realtors say an influx of data center workers is contributing to a housing shortage in the area. Cedar Rapids Area Association of Realtors President Jay Whitaker said adding thousands of data center...
radioonthego.com
Grundy Center Council to consider property sale, housing program agreement Monday
The Grundy Center City Council will consider the disposition of city-owned property at 1208 J Avenue during its meeting Monday. The council will hold a public hearing on the property before considering a bid, a quit claim deed and a development agreement with the property’s developer. Council members will...
KCRG.com
Cedar Rapids moves to acquire one of last holdout properties blocking flood protection plan
CEDAR RAPIDS, Iowa (KCRG) - The Cedar Rapids City Council has unanimously approved the purchase of a First Street property in the Time Check neighborhood, one of the last remaining homes blocking the city’s flood protection and park plans for the area. The council voted Tuesday to pay the...
cbs2iowa.com
Cedar Rapids sets post-pandemic record for hotel-motel tax revenue, boosting nonprofits
CEDAR RAPIDS, IOWA — Cedar Rapids has set a post-pandemic record high for Hotel and Motel tax collections, generating millions of dollars in revenue that city officials say is boosting tourism efforts and helping support local nonprofit organizations. According to the Iowa Department of Revenue, an estimated $5.8 million...
Cedar Rapids Gazette
City initiates eminent domain process for flood project
CEDAR RAPIDS — The city of Cedar Rapids will move forward with eminent domain proceedings to secure a riverfront residence that staff say is critical to securing national certification for its $1.25 billion flood control system. Cedar Rapids City Council members on Tuesday approved establishing a fair market value of $130,000 for the home located at 1426 First St. NW. The unanimous decision marked the first step toward sending the matter to the Linn County Compensation Commission for condemnation. The residence is home to Greg Vail and Ajai Dittmar, who rebuilt the structure after it was destroyed in the 2008 flood. It’s the only house left on its block within the Time Check area, a working-class neighborhood that saw widespread flood damage. Public Works Director Brenna Fall on Tuesday said the city must acquire the property to accommodate an earthen levee project planned for the area as part of the city’s larger $1.25 billion flood control plan. Without the acquisition, she said, the system would not qualify for certification through the Federal Emergency Management Agency. “Certification is really important because that’s what will allow the flood insurance changes that are so important to the community,” Fall said. And “we cannot
KCRG.com
Cedar Rapids looks to acquire home for its flood control project
CEDAR RAPIDS, Iowa (KCRG) - Today the City of Cedar Rapids will be talking about acquiring a home on First Street Northwest. It’s a step in the city’s Flood Control System project. The city says it’s offering the homeowner $130,000, based on a professional appraisal. But the homeowners...
fireapparatusmagazine.com
Cedar Rapids (IA) Weighs $60M for Fire Department Improvements
CEDAR RAPIDS — The city of Cedar Rapids this fall could ask its voters to approve a $60 million general obligation bond to support a wide swath of facilities improvements for the city’s fire department. The Cedar Rapids City Council on Tuesday will vote on whether to call...
KCRG.com
Developers, city leaders break ground on first phase of ‘The Core of Hiawatha’
HIAWATHA, Iowa (KCRG) - Developers and city leaders broke ground Wednesday on the first phase of “The Core of Hiawatha,” a mixed-use development in what the city calls its downtown district. The four-story building will be constructed at the corner of Robins Road and Faye Street. The upper...