Our Agency

IEDA Board - May 22, 2020


Location: Telephonic - 515.348.6300 Conf. ID 272 116 558#
Date: May 22 | 9:15 a.m.


Voting Board Members Chris Murray, Jennifer Cooper, Linda Crookham-Hansen, Lisa Hull, Doane Chilcoat, Megan McKay, Mark Kittrell, Pankaj Monga, Emily Schmitt, Lisa Shimkat and Thomas Townsend
Ex-Officio Members Senator Mark Lofgren, Senator Jackie Smith, Representative Brian K. Lohse, Representative Kenan Judge, Rob Denson and David Barker


  1. Board Chair

    Chris Murray
    1. Welcome

    2. Roll Call & Introductions

    3. Approval of April 17, 2020, Meeting Minutes

    4. Approval of May 22, 2020, 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

    Chris Murray
    1. 120 Day Report

    2. Compliance Report

      1. 163 Properties Corp. and Lely North America, Inc. - Pella

      2. Schumacher Company, LC - Durant

      3. Flexsteel Industries, Inc. - Dubuque

  4. Compliance - TCC Recommendations

    Paul Stueckradt
    1. Higher Learning Technologies, Inc.

  5. Compliance - Strategic Infrastructure Program

    Paul Stueckradt
    1. University of Northern Iowa - Cedar Falls

  6. Financial Assistance Applications

    1. Cargill, Incorporated - Monroe County

      Linda Crookham-Hansen
      Roll Call
  7. TCC Recommendations

    Pankaj Monga
    1. SBIR/STTR Outreach Program

    2. Curiosity Labs - Ames

    3. Sentinel - Ames

    4. FarmHand App LLC - Dewitt

    5. Dhakai - Cedar Falls

  8. Vendor and Contract Amount Approval

    1. VentureNet

      Jill Lippincott
    2. Online Small Retailer Marketplace

      Jim Thompson
  9. Brownfields and Grayfields Redevelopment Tax Credit Program

    Matt Rasmussen
    1. SLE Investments, LLC - Cedar Rapids

    2. Motor Mart, LLC - Sioux City

    3. Bluffs Arts Council - Council Bluffs

    4. Dows Opportunity, LLC - Cedar Rapids

  10. Innovation Fund Tax Credits

    Matt Rasmussen
  11. Director's Office

    1. Budget & Finance Report

      Terry Roberson
    2. Legislative Update

      Jenny Klein
    3. Director's Report

      Debi Durham
  12. Other Business

    1. Next Board Meeting is June 19, 2020

  13. Adjournment


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 IEDA at least 48 hours in advance.

**The Iowa Economic Development Authority Board 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.