"Authority" means the Iowa finance
authority.
"Cost" means all costs, charges, expenses, or
other indebtedness incurred by a loan recipient and determined by the authority
as reasonable and necessary for carrying out all works and undertakings
necessary or incidental to the accomplishment of any project.
"Eligible entity" means a municipality or a
landowner, as determined by the authority, a public utility as defined in Iowa
Code section 476.1, a specified industry, or
a rural water district or rural water association as defined in Iowa Code
section 357A.1.
"Fund" means the water quality financing
program fund created pursuant to Iowa Code section
16.153.
"Iowa nutrient reduction strategy" means the
same as defined in Iowa Code section
455B.171.
"Loan recipient" means an eligible entity that
has received a loan under the program.
"Municipality" means a governmental body such
as a state agency or a political subdivision of the state. Municipality
includes but is not limited to a city, city utility, county, soil and water
conservation district, sanitary district, a subdistrict of any of the foregoing
districts, a state agency, or other governmental body or corporation empowered
to provide sewage collection and treatment services or drinking water, or any
entity jointly exercising governmental powers pursuant to Iowa Code chapter 28E
or 28F, or any other combination of two or more governmental bodies or
corporations acting jointly under the laws of this state in connection with a
project.
"Program " means the water quality financing
program created in Iowa Code chapter 16, subchapter X, part 4.
"Project" means any combination of
improvements, structures, developments, tasks, actions, constructions,
modifications, operations, or practices designed to improve water quality that
are proposed by an eligible entity and approved by the authority. "Project"
includes but is not limited to any of the following:
1. In the context of water pollution control
facilities, the acquisition, construction, reconstruction, extension,
equipping, improvement, or rehabilitation of any works and facilities useful
for the collection, treatment, and disposal of sewage and industrial waste in a
sanitary manner, including treatment works as defined in Section 212 of the
federal Clean Water Act, or the implementation and development of management
programs established under Sections 319 and 320 of the federal Clean Water Act,
including construction and undertaking of nonpoint source water pollution
control projects and related development activities authorized under those
sections.
2. In the context of
drinking water facilities, the acquisition, construction, reconstruction,
extending, remodeling, improving, repairing, or equipping of waterworks, water
mains, extensions, or treatment facilities useful for providing potable water
to residents served by a water system, including the acquisition of real
property needed for any of the foregoing purposes, and such other purposes and
programs as may be authorized under the federal Safe Drinking Water
Act.
3. A project, operation, or
practice undertaken or carried out to address watershed protection, flood
prevention, or water quality improvement.
4. A project meeting the requirements of a
water resource restoration sponsor project under Iowa Code section 455B.
199.
"Specified industry" means either of the
following:
1. An entity engaged in an
industry identified in the Iowa nutrient reduction strategy, as determined by
the authority, which industry is or will be required pursuant to the Iowa
nutrient reduction strategy to collect data on the source, concentration and
mass of total nitrogen or total phosphorus in its effluent, and to evaluate
alternatives for reducing the amount of nutrients in its discharge;
or
2. An entity implementing
technology or operational improvements to reduce nutrients in its
discharge.