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Due Diligence Committee - April 30, 2021

Iowa Economic Development Authority
Due Diligence Committee Meeting Minutes
April 30, 2021
9:00 a.m.

Committee Members Present:
Megan McKay, Chris Murray, Jennifer Cooper, Mark Kittrell, Emily Schmitt

Committee Members Absent:
None

Board Members Present:
Doane Chilcoat, Pankaj Monga

Board Members Absent:
Lisa Shimkat, Tom Townsend, Lisa Hull

Ex-Officio Members Present:
Rob Denson

Ex-Officio Members Absent:
Sen Carrie Koelker, David Barker, Sen Liz Mathis, Rep Kenan Judge

IEDA Staff Present:
Sonya Bacon, Staci Hupp-Ballard, Beth Balzer, Vicky Clinkscales, Debi Durham, Rita Grimm,
Kanan Kappelman, Amy Kuhlers, Mark Laurenzo, Rick Peterson, Maicie Pohlman, Alaina Santizo,
Paul Stueckradt, Deanna Triplett

Others Present:
Ahmann Companies Andrew Anderson Matthew Anderson
Jay Byers Charley Campbell Bridget Carberry Montgomery
Pamela Cooksey Kyle Davy Donnelle Eller
Kevin Eppens Adam Ferry Aubrie Gould
Greater DSM Partnership Jared Gulbranson C. Haberman
Naomi Hamlett Charlie J. Dan Jensen
Tim Leach Luigi Josh Mandelbaum
Michael Miano William Micheel Mmelle
Erin Olson-Douglas Marissa Payne Rachel
Eric Richardson Scott Sanders Jen Schulte
Ajay Singh Tiffany Tauscheck Nate Teut
Terry Lutz Chad Schaeffer BJ Stokesbary
Kim Didier Angela Harrington Erin Chambers
Duane Pitcher Kelly Diekmann Keith Abraham
Jeff Pomeranz Jasmine Almoayyed Joe Ahmann
Liz Holland Aaron DeJong Michael Devlin
Linda Crookham-Hansen
Rep Phil Thompson
Rob Christensen
Emily Hockins
Jill Lippincott
Liesl Seabert
Kathy Bolen
David Connolly
Sarah Emmerton
William Gray
Jerry Haberman
Carrie Kruse
Caleb Mason
Dan Oliver
Anna Rauschari
Craig Shannon
John Whitty
Matt Bemrich
Brian Phillips
Dan Culhane
Nate Keading
Curtis Brown

COMMITTEE CHAIR
• Welcome
Due Diligence Committee (DDC) Chair Megan McKay called to order the meeting of the DDC
at 9:00 a.m.
• Roll Call and Introductions
A quorum of the Committee was established with the following Committee members
present: Megan McKay, Chris Murray, Jennifer Cooper, Linda Crookham-Hansen and Mark
Kittrell
Other Board members present: Doane Chilcoat, Pankaj Monga and Emily Schmitt
Ex-officio members present: Rob Denson

PUBLIC COMMENT PERIOD: No comments were made.

REINVESTMENT DISTRICT PRESENTATIONS
Fort Dodge - Corridor Plaza Reinvestment District presented its application and supporting
information from 9:05 am to 9:23 am and took questions from 9:23 am to 9:36 am.
Newton - Newton Legacy Reinvestment District presented its application and supporting information from 9:39 am to 9:59 am and took questions from 9:59 am to 10:16 am.
Rob Denson left the room at 10:05 am and returned at 10:06 am.
Ames - Ames Iowa Re-Investment District presented its application and supporting information from 10:20 am to 10:36 am and took questions from 10:36 am to 10:50 am.
Rob Densen left the room at 10:46 am and returned at 10:47 am.
Cedar Rapids-Cedar Rapids Central Reinvestment District presented its application and supporting
information from 10:54 am to 11:20 am and took questions from 11:20 am to 11:32 am.
Pankaj Monga left the meeting at 10:54 am and did not return.
Rob Denson left the room at 11:28 am and returned at 11:29 am.
The Board took a short lunch break from 11:32 am to 11:50 am.
Urbandale & Des Moines - Merle Hay Reinvestment District presented its application and supporting information from 11:52 am to 12:11 pm and took questions from 12:11 pm to 12:28 pm.
Rob Denson left the room at 12:28 pm and returned at 12:29 pm
Linda Crookham-Hansen disclosed conflicts of interest that necessitated recusal from the Capital
City Reinvestment District: Reimagining the Superfund Site presentation. See the attached E-mail
exchange. Linda left the room at 12:29 pm and did not return.
Des Moines-Capital City Reinvestment District: Reimagining the Superfund Site presented its
application and supporting information from 12:31 pm to 12:48 pm and took questions from 12:48
pm to 1:02 pm.

OTHER BUSINESS
The next DDC meeting will be held on Friday, May 21, 2021 at 9:00 a.m.

ADJOURNMENT
There being no further business at the meeting of the DDC,
MOTION: Jennifer Cooper moved that the DDC adjourn, seconded by Mark Kittrell. Motion carried unanimously. Meeting adjourned at 1:07 pm

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