Iowa Administrative Code
Agency 261 - Economic Development Authority
Part IV - Business Development Division
Chapter 65 - Brownfield and Grayfield Redevelopment
Rule 261-65.10 - Administration of Awards
Current through Register Vol. 47, No. 6, September 18, 2024
(1) A contract shall be executed between the recipient and the authority. These rules and applicable state laws and regulations shall be part of the contract.
(2) The recipient must execute and return the contract to the authority within 45 days of transmittal of the final contract from the authority. Failure to do so may be cause for the board to terminate the award.
(3) Certain activities may require that permits or clearances be obtained from other state or local agencies before the activity may proceed. Awards may be conditioned upon the timely completion of these requirements.
(4) Awards may be conditioned upon commitment of other sources of funds necessary to complete the activity.
(5) Awards may be conditioned upon the authority's receipt and approval of an implementation plan for the funded activity.