15.294 Brownfield redevelopment advisory council.
1. The authority 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 economic development authority, or the director’s designee.
b. The director of the department of natural resources, or the director’s designee.
c. One person selected by the board of directors of the professional developers of Iowa.
d. One person selected by the board of directors of the Iowa league of cities.
e. One member of the economic development authority selected by the authority.
2. The director of the economic development authority, 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 economic development authority for assistance under the brownfield redevelopment program and make recommendations to the authority 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, in conjunction with the authority, shall consider applications for redevelopment tax credits provided in section 15.293A, and may recommend to the authority which applications to approve and the amount of such tax credits that each project should be awarded by the board.
2000 Acts, ch 1101, §4; 2008 Acts, ch 1173, §4; 2011 Acts, ch 116, §11; 2011 Acts, ch 118, §84, 85, 89; 2012 Acts, ch 1021, §12; 2014 Acts, ch 1081, §11 – 13
Referred to in §15.291, 15.292
2014 amendments to subsection 1, paragraph c, and subsection 4 apply to qualifying redevelopment projects for which a redevelopment tax credit is awarded on or after July 1, 2014;
2014 Acts, ch 1081, §13
For future strike of subsection 4, effective June 30, 2021, see 2015 Acts, ch 30, §10, 206
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.