Iowa Administrative Code
Agency 261 - Economic Development Authority
Part III - Community Development Division
Chapter 38 - Regional Sports Authority Districts
Rule 261-38.8 - Contract Administration
Current through Register Vol. 47, No. 6, September 18, 2024
(1) Notice of approval. Successful applicants will be notified in writing of the approval of the request for certification, including any conditions and terms of the approval.
(2) Contract required. The department shall prepare a contract which includes but is not limited to a description of the promotion to be completed by the certified district; terms and conditions for receipt of grant funds; and the repayment requirements or other penalties imposed in the event the certified district does not fulfill its obligations as described in the contract.
(3) Contract amendments. All requests by a certified district to amend the contract will require approval from the department. The department will review the request and approve or deny it. If a request to amend a contract is approved, the certified district and the department shall execute a written contract amendment.
(4) Reporting. Each certified district shall submit to the department a written evaluation of the promotional effort within 90 days of completion of the promotion.
(5) Record keeping. Each certified district shall maintain adequate records to document and verify that grant funds were spent in accordance with the terms of the contract.