Iowa Code 15.330A – Maintenance of agreements
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1. An eligible business receiving incentives or assistance under this part shall meet all terms and obligations in an agreement by the project completion date, but the board may for good cause extend the project completion date or otherwise amend an agreement.
Terms Used In Iowa Code 15.330A
- 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
2. During the maintenance period an eligible business receiving incentives or assistance under this part shall continue to comply with the terms and obligations of an agreement entered into pursuant to section 15.330.
3. The authority may enforce the terms of an agreement as necessary and appropriate.