15.294 - BROWNFIELD REDEVELOPMENT ADVISORY COUNCIL. - Iowa Statutes

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