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33 rehabilitating historic buildings. 34 5. The maximum loan amount under the main street 35 linked investments loan program is fifty thousand 36 dollars per project. 37 6. Not more than one-third of the amount 38 authorized in section 12.34 may be used for purposes 39 of this program and the rural small business transfer 40 linked investment loan program under section 12.40. 41 Sec. ___. NEW SECTION. 12.52 APPLICATION 42 PROCESS. 43 Applicants shall be certified as eligible for 44 assistance prior to submitting applications to the 45 treasurer of state for loans under the main street 46 linked investment loan program. Administrative rules 47 pursuant to chapter 17A shall be adopted jointly by 48 the department of economic development and by the 49 department of cultural affairs to require applicants 50 to do the following: Page 2 1 1. Show evidence of preliminary design assistance 2 from the Iowa main street program of the department of 3 economic development or the state historic 4 preservation office of the department of cultural 5 affairs. 6 2. Show evidence of preliminary design review 7 approval from the local design review committee. 8 3. The plans shall be submitted to a final design 9 review board comprised of representatives of the state 10 historic preservation office, the Iowa main street 11 program, and one private sector architect selected 12 jointly by the directors of the departments of 13 economic development and cultural affairs. The 14 treasurer of state or the treasurer of state's 15 designee shall serve as an ad hock member of the 16 design review board. The design review board shall 17 provide certification of eligible projects to the 18 treasurer of state following the review." 19 2. By renumbering as necessary. Amendment H-1441 lost. Metcalf of Polk moved the adoption of amendment H-1436, as amended. Amendment H-1436, as amended, was adopted placing out of order amendments H-1438 and H-1404. Metcalf of Polk moved that the bill be read a last time now and placed upon its passage which motion prevailed and the bill was read a last time.
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