South Diamond Development
The City of Montezuma’s newest housing project, the South Diamond Development is a 15-acre site containing 31-lots for single-family and multi-family housing. Ground breaking on the development began in the fall 2012, and was completed in the fall 2013. The lots are ‘dig-ready’, with water, sewer, gas and electric provisions in place. The Development lies along the Barnes City Highway between 3rd Street and Bonham Memorial Park.
Lots are now being offered for $5,000. There are also a number of local contractor rebates available to South Diamond Development property owners for flooring, heating, plumbing, electrical, and concrete services as well as building materials.
“The City is committed to doing all it can to improve housing options in the community, and reducing the lot prices in the South Diamond Development is an important step toward that objective,” stated City Councilmember Curtis Bolen.
“We really focused on removing any unnecessary or restrictive articles from the Covenants. Our goal was to give property owners maximum control while maintaining the integrity of the Development,” stated Bolen. “I would encourage anyone who has questions about the Covenants to reach out to the City Office or Councilmembers.”
Both the City and County also offer property tax savings options that would be available to new South Diamond Development residents. Poweshiek County provides a Homestead Credit to any person who owns and occupies a home; and the City of Montezuma offers tax abatement under the Urban Revitalization Plan for Montezuma.
If you have any questions or interest in purchasing a lot, please contact the City Office at 641-623-5617.