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School board approves conveyance of 1725 North Dodge Street to City of Iowa City for $3.248 million
Summary
The Iowa City Community School District board voted unanimously to convey interest in 1725 North Dodge Street to the City of Iowa City for $3,248,773 after brief discussion about the appraisal and valuation method.
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The Iowa City Community School District board voted April 14 to approve conveying interest in real property locally known as 1725 North Dodge Street to the City of Iowa City for $3,248,773.
Director Mitch Lingo asked for details on how the sale figure was reached; staff explained the district relied on a 2023 appraisal that valued the property at about $2.97 million and applied roughly 9% commercial-property growth to arrive at the $3.248 million figure.
Board members moved and seconded the item and then conducted a roll-call vote. The motion carried with all directors voting in favor (Horn-Frasier, Eastham, Williams, Malone, Abraham, Finch and Lingo).
Why it matters: The conveyance is a discrete disposition of district property tied to capital planning; questions from Director Lingo prompted the board to confirm the appraisal basis and negotiation steps that produced the final price.
What happens next: A public hearing on conveyance-related matters is scheduled for April 28, 2026 at 6:00 p.m., per the resolution the board set earlier in the meeting.

