4/20/2020 10:45:00 AM Council approves tax abatement
he City Council met at Stewartville City Hall on Tuesday April 14. Mindful of social distancing due to the coronavirus (COVID-19) pandemic, Council members and city staffers sat six feet from each other, including, from left, councilpersons Josh Arndt and Brent Beyer, Mayor Jimmie-John King, councilpersons Craig Anderson and Jeremiah Oeltjen; Karla Strain, finance director, and Cheryl Roeder, city clerk.
City leaders have decided to help a developer pay for the construction of Flats 55, an upper-scale, four-story apartment complex to be built near Bear Cave Intermediate School. The City Council, at a public hearing at Stewartville City Hall last week, unanimously approved a resolution to provide a $280,000, 15-year tax abatement to PGGM1 LLC, which plans to build a 73,000 square-foot building that will include 55 apartments and 33 underground parking spaces... For more on this story pick up your copy of the April 21 Stewartville STAR.