Sheriff’s office stops seizing University of Iowa assets — for now
BPC Staff Sep 10, 2018 | 3:58 pm
<1 min read time
99 wordsAll Latest News, Education, Government Policy and Law, Statewide NewsIowa City Press-Citizen: The seizure of University of Iowa assets to pay off a Cedar Rapids contractor is on hold while the Iowa Board of Regents appeals to the Iowa Supreme Court. The university owes $17.4 million to Modern Piping Inc. for work the company completed on the UI Stead Family Children’s Hospital and Hancher Auditorium, a district court ruled. The ruling upheld an arbitration panel’s $21.5 million award issued in February. The university has since paid some of that award. The Johnson County Sheriff’s Office had begun the process of seizing university assets to pay off the debt.
Trending News
