Current through Register Vol. 47, No. 6, September 18, 2024
(1)
Form of
award. Eligible applicants may apply for financial incentives on a
cost-share basis. Funding shall be available in the form of a grant.
(2)
Timing of application. A
grant may be awarded for an eligible project not yet commenced. However, a
grant for an initial application may not be submitted more than one year after
the project is put in service.
(3)
Amount of award.
a.
Retail award site.
(1)
Five-year cost-share agreement for a retail site.
1. For a tier I site, the maximum award
amount is 90 percent of the actual cost of making the improvement or $63,900,
whichever is less.
2. For a tier II
site, the maximum award amount is 75 percent of the actual cost of making the
improvement or $53,250, whichever is less.
3. For a tier III site, the maximum award
amount is 70 percent of the actual cost of making the improvements or $50,000,
whichever is less.
(2)
Supplemental award for additional tank and associated infrastructure. A person
may request a supplemental financial incentive for a tank and associated
infrastructure, as an amendment to the subsequent cost-share agreement(s). The
purpose of an award for an additional tank(s) and associated infrastructure is
to accelerate the installation of an additional tank(s) and associated
infrastructure at an additional retail motor fuel site after an initial grant
award is provided. The maximum award amount available as a supplemental
financial incentive is $6,000 per supplemental site. The person is limited to
four supplemental financial incentive awards within the 12-month period
following the completion of the initial retail motor fuel site
project.
b.
Terminal facility award for biodiesel B2 through B98 and B99/B100 for
year-round distribution.
(1)
Biodiesel fuel B2 through B98.
1. Duration.
The duration of the cost-share agreement shall be five years.
2. Maximum award. The maximum award amount is
50 percent of the actual cost of making the improvements or $50,000, whichever
is less.
(2) Biodiesel
fuel B99/B100 for year-round distribution.
1.
Duration. The duration of a cost-share agreement is five years.
2. Maximum award amount. The maximum award
amount is 50 percent of the actual cost of making the improvements or $100,000,
whichever is less.
3. Lifetime cap
amount. The maximum or lifetime cap for B99/B100 biodiesel terminal grants is
$800,000 per person.
(4)
Time of payment. The
grant shall be paid only upon timely completion of the project and upon the
board's receipt of records satisfying the board of the applicant's qualifying
expenditures.
a. The applicant must deliver to
the board prior to payment a certificate of completion on the board's
form.
b. The certificate of
completion must include the IDNR checklist completed and signed by an
Iowa-certified installer showing review and approval of the completed
project.
c. The certificate of
completion must be accompanied by proof of financial responsibility as
necessary to meet federal requirements for underground storage tank
installation.
(5)
Deadline for completion. The project must be completed within
eight months of the board's approval of the award. An extension may be granted
by the board upon application showing demonstrable progress toward
completion.
(6)
Multiple
awards for multiple fuel types.
a.
At a single fuel site. A person must file a separate
application form for an ethanol infrastructure improvement grant and a
biodiesel infrastructure improvement grant, respectively, at a single fuel
site. The board may approve multiple improvements to the same retail motor fuel
site for the full amount available for ethanol infrastructure and biodiesel
infrastructure. Applications for ethanol and biodiesel infrastructure
improvements must be written in separate cost-share agreements.
b.
At multiple fuel sites. A
person may receive multiple grants as described in paragraph
16.1(6)"a" for more than one motor fuel site. When considering
multiple grants for multiple fuel sites, the board will make awards fairly and
properly among applicants and geographic areas.
(7)
Exhaustion of funds. In
the event funding is exhausted, the board may approve remaining applications
based on criteria implemented by the board.
