House File 2500 - Introduced HOUSE FILE 2500 BY COMMITTEE ON REBUILD IOWA AND DISASTER RECOVERY (SUCCESSOR TO HF 2174) A BILL FOR An Act relating to the purchase and sale of disaster-affected 1 property by local governments. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 5863HV (3) 83 tm/nh

H.F. 2500 Section 1. NEW SECTION . 29C.20B Sale of disaster-affected 1 property by local governments. 2 If a city or county purchases property using federal 3 community development block grant moneys and such property is 4 located in an area that the governor has proclaimed a disaster 5 emergency or the president of the United States has declared 6 a major disaster and the city or county makes a determination 7 to sell the property, the city or county must first provide 8 adjacent residential property owners the opportunity to 9 purchase the property for fair market value, provided the 10 purchaser agrees to maintain the property as green space. 11 EXPLANATION 12 This bill relates to the purchase and sale of 13 disaster-affected property by local governments. 14 The bill provides that if a city or county purchases property 15 using certain federal moneys and the property is located in 16 an area that the governor has proclaimed a disaster emergency 17 or the president of the United States has declared a major 18 disaster and the city or county makes a determination to sell 19 the property, the city or county must first provide adjacent 20 residential property owners the opportunity to purchase the 21 property under certain conditions. 22 -1- LSB 5863HV (3) 83 tm/nh 1/ 1