Section 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

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