Iowa Code (Last Updated: December 05, 2016) |
Title I. STATE SOVEREIGNTY AND MANAGEMENT |
Chapter 15. ECONOMIC DEVELOPMENT AUTHORITY |
Section 15.330A. Maintenance of agreements.
Latest version.
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1. An eligible business receiving incentives or assistance under this part shall meet all terms and obligations in an agreement by the project completion date, but the board may for good cause extend the project completion date or otherwise amend an agreement.
2. During the maintenance period an eligible business receiving incentives or assistance under this part shall continue to comply with the terms and obligations of an agreement entered into pursuant to section 15.330.
3. The authority may enforce the terms of an agreement as necessary and appropriate.