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IOWA CITY — The Iowa City Downtown District is one step closer to renewing its Self-Supported Municipal District after the Iowa City Council unanimously approved the petition for renewal of the SSMID last month.
The renewal proposal updates property tax levy rates, expands the district’s boundaries, and charts a path for the district’s future through 2036.
The council must approve two more readings of the resolution and, once approved, the new SSMID will take effect next summer.
A SSMID — or, self-supported municipal improvement district — is an area where taxpayers have given permission for the city to levy an additional tax on property owners to raise money for specific purposes within the

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