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House Journal: Page 896: Thursday, March 27, 1997

Ford of Polk offered the following amendment H-1451, to
amendment H-1436, filed by him from the floor and moved its
adoption:

H-1451

 1     Amend the amendment, H-1436, to House File 613 as
 2   follows:
 3     1.  Page 5, line 7, by inserting after the word
 4   "seq." the following:  ", unless the business is
 5   located in a state or federally designated enterprise
 6   zone."
Amendment H-1451 was adopted.
Warnstadt of Woodbury offered the following amendment H-1441, to
amendment H-1436, filed by him and Whitead of Woodbury and moved
its adoption:

H-1441

 1     Amend the amendment, H-1436, House File 613 as
 2   follows:
 3     1.  Page 5, by inserting after line 18 the
 4   following:
 5     "Sec. ___.  NEW SECTION.  12.51  MAIN STREET LINKED
 6   INVESTMENTS LOAN PROGRAM.
 7     The treasurer of state shall adopt rules to
 8   implement a main street linked investments loan
 9   program to increase the availability of lower cost
10   funds to stimulate building restorations or
11   rehabilitations of historic buildings within the
12   central business district of a city which is a
13   certified local government, or in the Iowa main street
14   program or the rural main street program.  The rules
15   shall include the following conditions:
16     1.  Linked investment loans shall be limited to
17   projects for a building restoration or rehabilitation
18   located in the central business district whose
19   boundaries are the same as the main street or rural
20   main street or central business district of a city
21   which is a certified local government project area.
22     2.  Eligible borrowers are limited to the property
23   owner, contract purchaser of record, or long-term
24   lessee.
25     3.  Loan applications under this program shall be
26   for the restoration or rehabilitation of facades of
27   buildings which are eligible or nominated or listed on
28   the national register of historic places.  Public
29   buildings are excluded.
30     4.  A facade restoration or building rehabilitation
31   must follow United States secretary of interior's
32   standards for rehabilitation and guidelines for

Iowa General Assembly

Index: House Journal (77th General Assembly: Session 1)

© 1997 Cornell College and League of Women Voters of Iowa

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Last update: Mon Mar 31 13:40:03 CST 1997
URL: /DOCS/GA/77GA/Session.1/HJournal/00800/00896.html
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