15.294 - BROWNFIELD REDEVELOPMENT ADVISORY COUNCIL.
15.294 BROWNFIELD REDEVELOPMENT ADVISORY COUNCIL.
1. The department shall establish a brownfield redevelopment
advisory council consisting of five members. The advisory council
shall be composed of all of the following:
a. The director of the department of economic development, or
the director's designee.
b. The director of the department of natural resources, or
the director's designee.
c. The director of transportation, or the director's
designee.
d. One person selected by the board of directors of the Iowa
league of cities.
e. One member of the Iowa economic development board selected
by the board.
2. The director of the department of economic development, or the
director's designee, shall serve as the chairperson of the advisory
council.
3. The advisory council shall review each application received by
the department of economic development for assistance under the
brownfield redevelopment program and make recommendations to the
department regarding all of the following:
a. The completeness of the application.
b. Suggestions for alternative forms of assistance for which
the applicant may be eligible. The alternative forms of assistance
may include assistance programs available through other departments.
c. Whether the applicant should receive financial assistance
from the brownfield redevelopment fund created in section 15.293.
4. The council shall consider applications for redevelopment tax
credits as described in sections 15.293A and 15.293B, and the council
may approve the amount of such tax credits for qualifying investments
in qualifying redevelopment projects. Section History: Recent Form
2000 Acts, ch 1101, §4; 2008 Acts, ch 1173, § 4
Referred to in § 15.291, 15.292