(Atlantic, Iowa) [updated] – The City Council in Atlantic, Thursday afternoon, passed a Resolution setting April 3rd, 2024 at 5-p.m., as the date and time for a public hearing on a proposed Maximum Property Tax Levy for Fiscal Year 2025. The hearing will be held in the Council’s Chambers at City Hall.
City Administrator John Lund says the proposed maximum levy are as follows:
The Council also passed a Resolution “Approving the proposed maximum property tax levy for FY 2025.” In other business, the Atlantic City Council approved the “Homes for Iowa” Program and Housing Development Fund Budgets for the FY 2024 Revised Estimate and FY 2025 Budget. Mayor Grace Garrett said John McCurdy with SWIPCO provided her with information about Homes for Iowa, Inc., a public-private partnership with Iowa Prison Industries. The homes are built near the Newton Correctional Release Facility, south of Newton, IA.
Councilman Sean Sarsfield is familiar with the construction.
Iowa Prison Industries (IPI) builds the homes, trains the minimum-security offender crew, and sells the homes to HFI to pay for the training. HFI sells the homes to the public, manages all sales orders, coordinates moving logistics with IPI, and decides program policy. IPI contracts with a company to move the houses onto a slab or property with a basement in-place.
The City of Atlantic is on a list to acquire one of the the homes for $85,000-to $95,000. Councilperson Elaine Otte says they have a list of available lots the City owns.
Mayor Garrett said John McCurdy requested eight homes for the Counties they serve..
Previously, a private individual had to buy the home, but that was recently changed to allow a city to purchase one or more of the homes. It was noted that if the home doesn’t sell within 90-days, the City has the option to rent it out.