Statutes > Iowa Statutes > Title 1 - State Sovereignty and Management > Subtitle 5 - Economic Development > CHAPTER 15A - USE OF PUBLIC FUNDS TO AID ECONOMIC DEVELOPMENT > 15A.4 - COMPETITIVE PROGRAMS -- GOOD NEIGHBOR AGREEMENT -- ADDITIONAL CONSIDERATION.

15A.4 - COMPETITIVE PROGRAMS -- GOOD NEIGHBOR AGREEMENT -- ADDITIONAL CONSIDERATION.

        15A.4  COMPETITIVE PROGRAMS -- GOOD NEIGHBOR AGREEMENT
      -- ADDITIONAL CONSIDERATION.
         For any program providing financial assistance for economic
      development in which the assistance is provided on a competitive
      basis, a business which enters into a good neighbor agreement shall
      receive extra consideration of at least ten points or the equivalent.
      A good neighbor agreement is an enforceable contract between the
      business and a community group or coalition of community groups which
      requires the business to adhere to negotiated environmental,
      economic, labor, or other social and community standards.
         A business which fails to abide by the good neighbor agreement
      shall repay all financial assistance received under the program.
         Section History: Recent Form
         96 Acts, ch 1219, §96