761—163.1(315) Definitions. When used in this chapter, unless the context otherwise requires:
“Brownfield site” means an abandoned, idled, or underutilized industrial or commercial facility where expansion or redevelopment is complicated by real or perceived environmental contamination.
“Commission” means the state transportation commission.
“Department” means the Iowa department of transportation.
“Direct jobs created” refers to jobs new to the state in firms, developments, or sites specifically assisted by a RISE project.
“Direct jobs retained” refers to existing Iowa jobs that would otherwise be lost in firms, developments, or sites specifically assisted by a RISE project.
“Economic development” means private investment involving the creation of new jobs and income or the retention of existing jobs and income that would otherwise be lost. For the purposes of this program, economic development shall be viewed from a statewide perspective rather than a local or substate, regional perspective and shall result in a net gain to the state.
“Funding commitment” means commission approval of the use of RISE funds for a project.
“Grant” means funds received for a RISE project with no provision for applicant repayment of principal.
“Immediate opportunity project,” one of the two types of RISE projects, is a roadway project that needs a funding commitment within a short time period and meets the threshold criteria in subrule 163.10(6). The project primarily provides improved access to a single economic unit, such as a county, a city, an industrial park, a plant or other business, a development site or a tourist attraction.
“Import substitution” means replacing inputs, products or services from out-of-state firms or locations with Iowa inputs, products or services.
“Jurisdiction” means the state, county, or city having legal authority over a road or street.
“Loan” means funds received for a RISE project with provision for applicant repayment of principal. A loan may or may not involve the payment of interest charges.
“Local development project,” one of the two types of RISE projects, is a roadway project which is programmed through a semiannual competitive rating procedure. The project primarily provides improved access to either a single economic unit, such as a county, a city, an industrial park, a plant or other business, a development site or a tourist attraction, or to a portion of a metropolitan area.
“Project” means an eligible activity or cost or set of eligible activities or costs funded with RISE program funds. The two types of projects which may be funded under the RISE program are immediate opportunity projects and local development projects.
“RISE” means revitalize Iowa’s sound economy.
“RISE fund” means the fund created in Iowa Code section 315.2.
“Total capital investment” means the economic value of all permanent purchases, donations, or improvements directly associated with an economic development activity but not funded with RISE moneys, including land; improvements to land; buildings; equipment; furnishings; electric, gas, telephone, and other utilities; sanitary sewer and storm sewer extensions and hookups; and railroad spurs, access roads, parking lots, and other transportation facilities.
“Traffic impact analysis” means an analysis identifying system and immediate impacts associated with a proposed development to allow an assessment of the existing and future highway system’s safety, performance, maintenance, and capacity needs and includes all necessary information as required by the department.
“Transportation justification” means the reasons given for a project from a transportation planning and engineering standpoint. The justification should address the current condition of existing roadways or bridges, the relationship of the project to connecting roads, anticipated total traffic, anticipated large truck traffic, proposed major design features, roadway function, and the reasons the proposed alternative was selected over other available alternatives.
“Value-adding activities” means activities which, through the employment of knowledge or labor, add value to a product, process or service that results in the creation of new wealth to the state.
[ARC 3299C, IAB 8/30/17, effective 10/4/17; ARC 6930C, IAB 3/8/23, effective 4/12/23]