Bettendorf city officials plan to sell the Life Fitness Center for $1.4 million without obtaining a property appraisal to determine its current market value.
Instead, the price tag for the 62,000-square-foot building along one of the city's busiest streets, Middle Road, was taken from the most recent assessed value of the property by the Scott County Assessor's Office.
The $1.4 million assessed value has changed little over the past four years.
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Iowa's most vocal anti-tax group – Iowans for Tax Relief – lives off a charitable endowment worth $48 million that pays zero state or federal tax on its annual investment income of just over $2 million.
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President Donald Trump is tapping $20 million in Homeland Security funding to pay for TV ads that heavily feature him ahead of the midterm elections, Democrats said Tuesday as... more