Iowa Code r. 265-28.3 - Project funding
(1)
Approval of projects. The committee will approve or deny
applications for financial assistance. The committee will approve financial
assistance from the fund in accordance with the priorities listed in subrule
28.3(2). The committee will determine the weighting of priorities on an annual
basis.
(2)
Project
priority. Priority will be given:
a.
To projects in which a disadvantaged community is seeking financial assistance
for the installation or upgrade of wastewater treatment facilities and drinking
water treatment facilities.
b. To
projects whose completion will provide significant improvement to water quality
in the watershed.
c. To communities
that employ an alternative wastewater treatment technology pursuant to Iowa
Code section 455B.199C.
d. To communities where sewer or water rates
are the highest as a percentage of that community's median household
income.
e. To communities that
employ technology to address the goals of the Iowa nutrient reduction
strategy.
f. To communities whose
drinking water facilities and systems use as a supply, or to projects whose
completion will improve, source waters or waters on the state's impaired waters
list.
(3)
Awards. Financial assistance in the form of grants will be
issued on an annual basis. No recipient will receive a grant in excess of
$500,000.
(4)
Costs. All eligible costs must be documented to the
satisfaction of the authority before proceeds may be disbursed.
(5)
Record retention. The
recipient shall maintain records that document all costs associated with the
project. The recipient shall agree to provide access to these records to the
authority. The recipient shall retain such records and documents for inspection
and audit purposes for a period of three years from the date of the final
disbursement of grant funds.
(6)
Site access. The recipient shall agree to provide the
authority, the department and the department's agent access to the project site
at all times during the construction process to verify that the funds are being
used for the purpose intended and that the construction work meets applicable
state and federal requirements.
Notes
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