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IEDA Board - January 19, 2024


Location: 1963 Bell Avenue – Helmick Conference Room Public Webinar Access:*
The board packet is available here.
Date: January 19, 2024 | 9:05 a.m.


Voting Board Members Mark Kittrell – Chair, Emily Schmitt – Vice Chair, Melissa Ballard, Bobbi Bentz, Doug Boone, Mark Kittrell, Pankaj Monga, Hank Norem, Lisa Shimkat, Jennifer Steffensmeier and Thomas Townsend
Ex-Officio Non-Voting Board Members David Barker, Jay Byers, Rob Denson, Senator Izaah Knox, Senator Carrie Koelker, Representative Heather Matson and Representative Ray Sorensen


  1. Board Vice Chair

    Emily Schmitt
    1. Welcome

    2. Roll Call and Introductions

    3. Approval of December 15, 2023 Meeting Minutes

    4. Approval of January 19, 2024 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 – CONSENT AGENDA

    Emily Schmitt
    1. 120 Day Report

    2. Compliance Report

      Diamond Vogel, Inc. – Orange City

  4. Compliance – TCC Recommendations

    Katie Rockey
    1. LenderClose, Inc. n/k/a Coviance, Inc. – West Des Moines

    2. Stratafolio, Inc. – Cedar Rapids

  5. TCC Recommendations

    Anna Lensing
    1. America’s Seed Fund

    2. Inseer, Inc. (Innovation Acceleration Launch Fund)

    3. Spanton Board, Inc. (Demonstration Fund)

    4. PicklePlay, LLC (Proof of commercial Relevance)

    5. Rise Energy, LLC (Proof of Commercial Relevance)

    6. Tumbleweed Vida, Inc. (Proof of Commercial Relevance)

    7. Upstream, LLC (Proof of Commercial Relevance)

  6. Redevelopment Tax Credit Program for Brownfields and Grayfields

    1. Contract 20-BTC-04 - Request to Extend Project Completion Date

    2. Contract 20-BTC-21 - Request to Extend Project Completion Date

    3. Contract 22-BTC-26 - Request to Extend Project Completion Date

  7. Merle Hay Reinvestment District – Update

    Alaina Santizo
  8. Budget and Finance Report

    Terry Roberson
  9. Director’s Report

    Deborah Durham
  10. Other Business

    1. March 15, 2024 Board Meeting

    2. Next Board Meeting is February 16, 2024

  11. Adjournment

    Emily Schmitt

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 electronically 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.