Iowa Admin. Code r. 261-211.7

Current through Register Vol. 47, No. 13, December 25, 2024

Rule 261-211.7 - Application requirements

At a minimum, CAT and RECAT applications must contain the following information:

(1) The total capital investment of the project, including but not limited to costs for construction, site acquisition, and infrastructure improvement.

(2) The amount or percentage of local and private matching moneys which will be or have been provided for the project. Moneys raised at any time and not yet spent may be considered as local match. Up to 25 percent of the local match may be nonfinancial support.

(3) The total number of jobs to be created or retained by the project.

(4) The long-term tax-generating impact of the project.

(5) A joint application from a school district in cooperation with a city or county must demonstrate that the intended future use of the project shall be by both joint applicants.

Iowa Admin. Code r. 261-211.7

Amended by IAB June 19, 2019/Volume XLI, Number 26, effective 7/24/2019