1. The authority shall establish a brownfield redevelopment advisory council consisting of five members. The advisory council shall be composed of all of the following:

 a. The director of the economic development authority, or the director’s designee.
 b. The director of the department of natural resources, or the director’s designee.
 c. One person selected by the board of directors of the professional developers of Iowa.
 d. One person selected by the board of directors of the Iowa league of cities.
 e. One member of the economic development authority selected by the authority.

Terms Used In Iowa Code 15.294

  • Applicant: means a person authorized to regularly lend moneys to be secured by a mortgage on real property in this state, a licensed real estate broker, a licensed attorney, a participating abstractor, or a licensed closing agent. See Iowa Code 16.92
  • Authority: means the economic development authority created in section 15. See Iowa Code 15.102
  • Board: means the members of the authority appointed by the governor and in whom the powers of the authority are vested pursuant to section 15. See Iowa Code 15.102
  • Director: means the director of the authority, appointed pursuant to section 15. See Iowa Code 15.102
  • Financial assistance: means assistance provided only from the funds, rights, and assets legally available to the authority and includes but is not limited to assistance in the form of grants, loans, forgivable loans, and royalty payments. See Iowa Code 15.102
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
 2. The director of the economic development authority, or the director’s designee, shall serve as the chairperson of the advisory council.
 3. The advisory council shall review each application received by the economic development authority for assistance under the brownfield redevelopment program and make recommendations to the authority regarding all of the following:

 a. The completeness of the application.
 b. Suggestions for alternative forms of assistance for which the applicant may be eligible. The alternative forms of assistance may include assistance programs available through other departments.
 c. Whether the applicant should receive financial assistance from the brownfield redevelopment fund created in section 15.293.
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