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IEDA Board - June 25, 2021

Details

Location: Join Web Conference: iowa.website/IEDABoard
or Dial 1-515-348-6300 Conference ID: 652 966 194#
Date: June 25, 2021 | 9:15 a.m.

Attendees

Due Diligence Committee Members: Mark Kittrell – Chair, Emily Schmitt – Co Chair, Jennifer Cooper, Linda Crookham-Hansen, Megan McKay and Chris Murray.
Voting Board Members: Megan McKay – Chair, Emily Schmitt – Co Chair, Doane Chilcoat, Jennifer Cooper, Linda Crookham-Hansen, Lisa Hull, Mark Kittrell, Pankaj Monga, Chris Murray, Lisa Shimkat and Thomas Townsend
Ex-Officio Non-Voting Board Members: David Barker, Rob Denson, Representative Steve Hansen, Senator Carrie Koelker, Senator Liz Mathis and Representative Phil Thompson

Agenda

  1. Committee Chair

    Megan McKay
    1. Welcome

    2. Roll Call and Introductions

    3. Approval of May 21, 2021 Meeting Minutes

      Action
    4. Approval of June 25, 2021 Agenda

      Action
  2. Public Comment Period

    1. A public comment period for the full meeting will be held at this time to accommodate visitors. 

    2. This period is limited to 10 minutes.

  3. Compliance – CONSENT AGENDA

    Megan McKay
    1. 120 Day Report

      Action on A & B
    2. Compliance Report

      Katie Rockey
      1. GMT Corporation – Waverly 

      2. University of Northern Iowa – Cedar Falls 

  4. Reinvestment District Applications

    Alaina Santizo
    1. Ames – Ames Downtown Reinvestment District

      Roll Call
    2. Cedar Rapids – Cedar Rapids Central Reinvestment District

      Roll Call
    3. Des Moines – Capital city Reinvestment District: Reimagining the Superfund Site

      Roll Call
    4. Fort Dodge – Corridor Plaza Reinvestment District

      Roll Call
    5. Merle Hay Reinvestment District Joint 28E Board (Cities of Urbandale and Des Moines) – Merle Hay Reinvestment District

      Roll Call
    6. Newton – Newton Legacy Reinvestment District

      Roll Call
  5. Financial Assistance Applications

    1. Dose Steelworks, Inc. and Dose Holdings LLC – Story City

      Emily Schmitt
      Roll Call
    2. Evapco, Inc. – Lake View

      Jennifer Cooper
      Roll Call
    3. Pollard Games, Inc. dba American Games and International Gamco – Council Bluffs

      Chris Murray
      Roll Call
  6. Amendments to Rules

    1. Apprenticeship Training Program Rules, 261 IAC 12

      Lisa Connell
      Action
    2. New 261 IAC 222, Empower Rural Iowa Program

      Lisa Connell
      Action
    3. New 261 IAC 119, Manufacturing 4.0 Technology Investment Program

      Lisa Connell
      Action
  7. Brownfield/Grayfield Redevelopment Tax Credit Program

    Matt Rasmussen
    1. Contract 19-BTC-02, Cedar Venture, LLC – Cedar Rapids

      Action
    2. Contract 19-BTC-11, HOA Hotels, LLC – Cedar Rapids

      Action
    3. Contract 19-BTC-20, SDF Properties, LLC – Keota 

      Action
    4. Contract 21-BTC-05, Urbane 1220, LLC – Sioux City

      Action
  8. Innovation Fund Investment Tax Credit Program

    Melissa Harshbarger
    1. Applications for Issuance of Tax Credit Certificates

      Action
  9. Allocation of FY22 Tax Credit Cap

    Terry Roberson
    Action
  10. Vendor Approval

    Terry Roberson
    Action
  11. Director’s Office

    1. Budget & Finance Report

      Terry Roberson
    2. Legislative Update

      Deanna Triplett
    3. Director’s Report

      Debi Durham
  12. Adjournment

    Action

Please Note:

The meeting will convene no earlier than stated above, but may begin later, depending upon length of earlier meetings. Agenda items may be considered out of order at the discretion of the Chair for each meeting. If you require accommodation to participate in this public meeting, call (515) 348-6146 to make your request. Please notify us at least 48 hours in advance.

**The Due Diligence Committee and the Economic Development Authority Board, if a quorum of the Board is present, may go into closed session pursuant to Iowa Code sections 21.5(1)a, 15.118, 22.7.3, 22.7.6 and 22.7.8 to review and discuss records IEDA is required to treat as confidential under Iowa law. This includes confidential business and financial information about applicants and industrial prospects with which the Authority is currently negotiating.

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