Environment & Water Quality
$25 million in revenue bonds to support watershed and water quality related projects, including flood rebuilding and prevention projects, and soil conservation practices.
$11.5 million to Iowa Department of Agriculture and Land Stewardship Soil Conservation Division to include, but not limited to, repairs of soil conservation cost share practices that were damaged by the floods in 2008, construction of soil conservation cost-share practices, affordable wetland mitigation banks, and to allow more landowners to participate in the conservation reserve enhancement program by improving water quality and intercepting nitrates. Awards for conservation practices on private property should be in the form of a grant for flood control or soil and watershed management. (Bond counsel said a grant to a private person is a permissible use of tax-exempt bond proceeds. Specifically, there should be a governmental purpose in making the grant. Use of bond proceeds for conservation practices on private property should be in the form of a grant for a stated public purpose, which could be flood control or soil and watershed management.) More Information - Contact
$13.5 million to the Department of Natural Resources to construct, reconstruct, or repair infrastructure associated with the control and movement of surface water, including but not limited to addressing issues affected by combined sewer overflows; enrolling larger contiguous areas in emergency watershed programs to improve facilities or systems that provide water quality, mitigate flood damage, or the threat of flood damage in the areas most severely affected by the 2008 flood; and improve or replace low-head dams. Awards for practices on private property should be in the form of a grant for flood control, watershed management, or improving water quality. More Information - Contact
Grants for sewer improvements. $55 million in revenue bonds for sewer infrastructure construction needs. $35 million is dedicated for communities under 10,000; the remaining is at the discretion of the Iowa Finance Authority (IFA), but larger communities would be eligible. This money would supplement State Revolving Fund loans with grants to make projects affordable for small communities. The costs of these projects can make user rates unaffordable. This money is in addition to the federal stimulus money for the State Revolving Loan fund. The state received $78 million in federal money for sewers. More Information - Contact
$11.5 million to Iowa Department of Agriculture and Land Stewardship Soil Conservation Division to include, but not limited to, repairs of soil conservation cost share practices that were damaged by the floods in 2008, construction of soil conservation cost-share practices, affordable wetland mitigation banks, and to allow more landowners to participate in the conservation reserve enhancement program by improving water quality and intercepting nitrates. Awards for conservation practices on private property should be in the form of a grant for flood control or soil and watershed management. (Bond counsel said a grant to a private person is a permissible use of tax-exempt bond proceeds. Specifically, there should be a governmental purpose in making the grant. Use of bond proceeds for conservation practices on private property should be in the form of a grant for a stated public purpose, which could be flood control or soil and watershed management.) More Information - Contact
$13.5 million to the Department of Natural Resources to construct, reconstruct, or repair infrastructure associated with the control and movement of surface water, including but not limited to addressing issues affected by combined sewer overflows; enrolling larger contiguous areas in emergency watershed programs to improve facilities or systems that provide water quality, mitigate flood damage, or the threat of flood damage in the areas most severely affected by the 2008 flood; and improve or replace low-head dams. Awards for practices on private property should be in the form of a grant for flood control, watershed management, or improving water quality. More Information - Contact
Grants for sewer improvements. $55 million in revenue bonds for sewer infrastructure construction needs. $35 million is dedicated for communities under 10,000; the remaining is at the discretion of the Iowa Finance Authority (IFA), but larger communities would be eligible. This money would supplement State Revolving Fund loans with grants to make projects affordable for small communities. The costs of these projects can make user rates unaffordable. This money is in addition to the federal stimulus money for the State Revolving Loan fund. The state received $78 million in federal money for sewers. More Information - Contact
