Fort Madison plans to have its new rental property inspection program up and running by July.
City Manager Byron Smith says Fort Madison is finalizing the forms and documents related to the program. It has already received city council approval.
Smith says letters will soon be sent to the owners of rental properties throughout the city. He says it will inform them that property registration will get underway in July, with inspections to begin shortly afterwards.
A commonly-used incentive program for downtown development is advancing in Fort Madison.
The city council has approved the second reading of an ordinance that would create a new tax increment financing district.
A portion of the property taxes collected on buildings within a TIF district goes to infrastructure projects. A baseline property value will be developed to determine the amount available for new sidewalks or streets.
Fort Madison is moving ahead with the development of an inspection program for rental properties.
The city council has approved the first reading of an ordinance that would amend the housing code to allow for the inspections. The program was identified as a priority during a recent city goal-setting session.
It would require every owner of a rental property to register their units with the city by November 1, 2012. There would be a $25 fee for the 1st unit and $5 for each additional unit.