House File 2563 - Introduced
HOUSE FILE 2563
BY SIEGRIST
A BILL FOR
1 An Act relating to the disposal of real property by a city.
2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
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 H.F. 2563
1 Section 1. Section 364.7, Code 2024, is amended by adding
2 the following new subsection:
3 NEW SUBSECTION. 4. A city may only sell real property
4 appraised over one million dollars by submitting a proposition
5 to the electorate of the city at the next general election to
6 dispose of the real property. The proposition must receive
7 an affirmative vote of a majority of the votes cast on the
8 question for the city to sell the specified real property.
9 EXPLANATION
10 The inclusion of this explanation does not constitute agreement with
11 the explanation’s substance by the members of the general assembly.
12 This bill relates to the disposal of real property owned by a
13 city. The bill provides that for a city to sell real property
14 appraised over $1 million, the city must submit a proposition
15 to the electorate of the city at the next general election
16 to sell the real property. If the proposition receives
17 an affirmative vote of a majority of the votes cast on the
18 question, the city may sell the property.
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Statutes affected:
Introduced: 364.7