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House Journal: Page 1494: Wednesday, April 23, 1997

47   encourage private landowners to protect the natural
48   beauty of the blufflands along the Mississippi river.
49   The commissioners of each soil and water conservation
50   district which has a boundary which is coterminous

Page 2  

 1   with the Mississippi river shall cooperate with and
 2   assist the director in administering the blufflands
 3   protection program within their respective districts.
 4   The director shall provide, by rule, for a uniform
 5   application form, the content of the form, provisions
 6   for a loan agreement model conservation easement and
 7   restrictive covenant requirements for blufflands, and
 8   minimum qualifications of conservation organizations
 9   which are eligible to participate in the blufflands
10   protection program.  The administrative director shall
11   specify the eligible purposes for which a loan
12   authorized under this section can be expended
13   including, but not limited to, the purchase of
14   blufflands, the acquisition of conservation easements
15   on blufflands, the establishment of landowner
16   associations, payment for loss of land value due to
17   restrictive covenants, and payment for administrative
18   and legal costs.
19     4.  An applicant for a loan from the blufflands
20   protection revolving fund shall apply to the soil and
21   water conservation district of the county in which the
22   bluffland is located.  The application shall be on
23   forms prepared by the division and shall include the
24   information required by rule of the division.  Each
25   conservation organization which applies for a loan
26   under this section shall demonstrate its financial
27   capability to qualify for a loan to the commissioners
28   and its commitment to natural resource protection and
29   appropriate development.  If there is a loss of value
30   of a blufflands protection project funded under this
31   section resulting from restrictive covenants, the
32   conservation organization shall be forgiven seventy-
33   five percent of the amount of the loss not exceeding
34   the amount of the loan.  If a loan is used to purchase
35   a conservation easement on a blufflands protection
36   project, the conservation organization shall be
37   forgiven seventy-five percent of the loan.  The
38   application shall be reviewed and feasibility of the
39   proposed project shall be investigated by the
40   commissioners of the district and its report and
41   recommendation shall be sent to the administrative
42   director and the committee for approval.
43     5.  Except as otherwise provided in this
44   subsection, each loan made under this section shall be
45   for a period not to exceed five years, shall bear no
46   interest for the first year, and shall be repayable to

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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