1. For purposes of this section, unless the context otherwise requires, “eligible water body” means a body of water that meets all of the following criteria:

 a. Is owned by the state of Iowa, a county, a municipal government, or a public entity organized under chapter 357E.
 b. Is a multi-use system capable of supporting diverse wildlife, fish, and recreational opportunities.
 c. Has a surface water area of at least ten acres.
 d. Has a watershed-to-body of water ratio of not less than two hundred to one and not more than one thousand to one.
 e. Is a public body of water with public access.
 f. Has diverse water depths and is capable of supporting aquatic vegetation.
 g. Is not used solely as a water supply reservoir.

Terms Used In Iowa Code 456A.33C

  • Department: means the department of natural resources created under section 455A. See Iowa Code 456A.1
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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
  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
  • Water area: means a river, lake, wetland, or other body of water and adjacent lands where the use of those lands affects the integrity of the water resource. See Iowa Code 462B.1
 2. An on-stream impoundment restoration fund is created in the state treasury under the control of the department. The fund shall consist of all moneys appropriated to the fund.
 3. a. Moneys in the on-stream impoundment restoration fund are appropriated to the department subject to the requirements of this section for purposes of funding projects for the maintenance, restoration, and sustainability of eligible water bodies and their related watersheds.

 b. The department shall fund projects from the on-stream impoundment restoration fund for eligible water bodies that are designed to achieve the following goals:

 (1) Ensure a cost-effective, positive return on investment for the citizens of Iowa.
 (2) Ensure local community commitment to watershed protection.
 (3) Ensure significant improvement in water clarity, safety, and quality.
 (4) Provide for sustainable, healthy, and functioning bodies of water.
 (5) Contribute to the department’s fish and wildlife conservation plans.
 c. The process and criteria the department shall utilize to fund projects under this section shall favor proposals which include nonstate matching funds of at least one dollar for every dollar of state funding, and funding for watershed improvement practices and participation of corresponding watershed management authority.
 4. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys deposited in the on-stream impoundment restoration fund shall be credited to the on-stream impoundment restoration fund. Notwithstanding section 8.33, moneys credited to the on-stream impoundment restoration fund that remain unobligated and unencumbered at the close of a fiscal year shall not revert.