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IEDA Board - February 17, 2023


Location: 1963 Bell Avenue, Suite 200 – Helmick Conference Room
Public Webinar Access:
Board packet available here.
Date: February 17 | 9:15 a.m.


Voting Board Members Megan McKay – Chair, Emily Schmitt – Vice Chair, Doug Boone, Jennifer Cooper, Sam Eathington, Lisa Hull, Mark Kittrell, Pankaj Monga, Lisa Shimkat, Jennifer Steffensmeier and Thomas Townsend
Ex-Officio Non-Voting Board Members David Barker, Rob Denson, Representative Steve Hansen, Senator Carrie Koelker and Representative Phil Thompson


  1. Committee Chair

    Megan McKay
    1. Welcome

    2. Roll Call and Introductions

    3. Approval of January 20, 2023 Meeting Minutes

    4. Approval of February 17, 2023 Meeting Agenda

  2. Public Comment Period

    1. A public comment period for the full meeting will be held at this time to accommodate visitors. This period is limited to 10 minutes.

  3. Compliance

    1. Consent Agenda

      Megan McKay
      1. 120 Day Report

      2. Compliance Report

        1. Iowa Bankers Insurance and Services, Inc. – Urbandale

        2. T.C. and B. Corporate Wearables, Inc. – Perry

    2. Manufacturing 4.0 Technology Investment Grant Program Extend Project Completion Dates

      Katie Rockey
  4. Financial Assistance Applications

    1. Clow Valve Company, Division of McWane, Inc. – Oskaloosa

      Emily Schmitt
      Roll Call
    2. Mobile Track Solutions, LLC – Elkader

      Lisa Hull
      Roll Call
    3. Puck Custom Enterprises, Inc. – Manning

      Lisa Shimkat
      Roll Call
    4. Amendments to Rules

      1. Adopt New 261 IAC Chapter 112, State Small Business Credit Initiative Rules

        Lisa Connell
  5. Redevelopment Tax Credit Program for Brownfields and Grayfields

    1. Contract 20-BTC-20 – Request to Extend Project Completion Period

      Matt Rasmussen
  6. Workforce Housing Tax Incentives Program

    1. Approve Fiscal Year 2024 Per Unit Cost Caps

      Derek Folden
  7. Butchery Innovation and Revitalization Program

    1. Approve Applications for Grants

      Alaina Santizo
    2. Dan’s Locker, LLC - Request for Contract Termination

      Alaina Santizo
  8. Iowa Reinvestment Act

    1. Capital City Reinvestment District

      Alaina Santizo
    2. Ames Downtown Reinvestment District

      Alaina Santizo
  9. Director’s Office

    1. Budget and Finance Report

      Terry Roberson
    2. Legislative Update

      Deanna Triplett
    3. Director’s Report

      Debi Durham
  10. Other Business

    1. Next Board Meeting is March 17, 2023

  11. Adjournment


Please Note:
The meeting will convene no earlier than stated above, but may begin later, depending upon length of earlier meetings. Some members of the board may participate via Teams due to travel issues. Agenda items may be considered out of order at the discretion of the Chair. If you require accommodation to participate in this public meeting, call (515) 348-6146 to make your request. Please notify us as long as possible in advance of meeting.
*This meeting will be accessible to members of the public in person at IEDA or click on the link above to request the link to participate in the meeting via Teams. You will be directed to register to receive the link.