Effective – 28 Aug 2001 447.700. Definitions. — As used in sections 447.700 to 447.718, the following terms mean: (1) “Abandoned property”, real property previously used for, or which has the potential to be used for, commercial or industrial purposes which reverted to the ownership of the state, a county, or municipal government, or an […]
Effective – 28 Aug 1998 447.701. Eligible projects, director’s duties — owner to repay, when. — 1. The director of the department of economic development may consider the direct and indirect economic benefits projected to be provided by the eligible project. An applicant for funding or tax credit and exemption assistance pursuant to sections 447.702 […]
Effective – 28 Aug 1998 447.702. Department loans to eligible projects, guidelines, conditions. — 1. The director of economic development, with the approval of the director of the department of natural resources, subject to the other provisions of sections 447.700 to 447.718, may lend moneys in the property reuse fund to persons for the purpose […]
Effective – 28 Aug 1998 447.704. Loan guarantees, guidelines, conditions — private lender immune from liability, when. — 1. The director of economic development, with the approval of the director of the department of natural resources, subject to other applicable provisions of sections 447.700 to 447.718, may guarantee loans issued by private financial institutions to […]
Effective – 28 Aug 1998 447.706. Grants, guidelines, conditions. — 1. The director of economic development, with the approval of the director of the department of natural resources, subject to other applicable provisions of sections 447.700 to 447.718, may issue a grant to a governmental* agency for the purpose of paying the allowable costs of […]
Effective – 28 Aug 2016, 3 histories 447.708. Tax credits, criteria, conditions — definitions — eligibility of certain demolition costs. — 1. For eligible projects, the director of the department of economic development, with notice to the directors of the departments of natural resources and revenue, and subject to the other provisions of sections 447.700 […]
Effective – 23 Dec 1997 447.710. Property reuse revolving fund — lapse into general revenue prohibited — investment of fund. — 1. There is hereby created in the state treasury a fund to be known as the “Property Reuse Revolving Fund”. The property reuse fund is intended to provide ten million dollars annually in uncommitted […]
Effective – 28 Aug 1995 447.712. Tort immunity. — 1. As used in this section, the following terms shall mean: (1) “Harm”, injury, damage, restitution, death or loss to persons or property, including equitable damages or injunctive relief, caused by or arising out of exposure to a hazardous substance or petroleum at the location of […]
Effective – 28 Aug 1995 447.714. Hazardous substances on property, duties of purchaser — department of natural resources, duties. — 1. For any eligible project, the purchaser of the abandoned property shall be released from further liability to the extent described in subsection 2 of this section based upon the voluntary remediation work actually performed […]
Effective – 28 Aug 1995 447.716. Failure of purchaser to perform, sanctions. — 1. Any person who agrees to purchase abandoned property as part of a qualified project and subsequently breaches the agreement or fails to use the property reuse fund moneys for allowable costs may be responsible for immediate repayment of the moneys with […]
Effective – 28 Aug 1995 447.718. Rulemaking authority, procedure. — 1. The department of economic development may promulgate rules and regulations necessary to administer the provisions of sections 447.700 to 447.718. 2. No rule or portion of a rule promulgated under the authority of sections 447.700 to 447.718 shall become effective until it has been […]
