From the Iowa City Press Citizen
The Iowa City Council unanimously approved an agreement at its Tuesday night meeting to buy 19.5 acres of vacant land south of Taft Speedway.
The parcel is owned by Parkview Evangelical Free Church and is in the 100-year floodplain.
The city is seeking to purchase vacant land in the 100-year floodplain to prevent future development in those areas.
According to an agreement, the city will pay $650,000 for the land. The price is what the church paid for the land in 2004, according to city documents.
The purchase will be funded by the state Community Disaster Grant program.
At a Monday night work session, the council discussed the potential purchase of other vacant land in the 100-year floodplain, including parcels owned by the Elks Club near the Idyllwild subdivision.
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