Interstate Finance Corp. v. City of Iowa City

This is a proceeding in eminent domain. In connection with a parking lot project the City of Iowa City on April 28, 1964, started condemnation of plaintiff’s leasehold interest in certain described property at 212 South Dubuque Street in Iowa City. Plaintiff was conducting a general finance business at that location. Its office occupied approximately 1100 square feet of ground floor space under a three-year lease which provided a rental of $200 per month with an option to renew for an additional three-year period upon the same terms and conditions. Plaintiff had occupied the space…