Actions taken by the Iowa Transportation Commission at its April 14 meeting in Davenport
AMES, Iowa – April 14, 2015 – The Iowa Transportation Commission approved the following items during its meeting today at the Radisson Quad City Plaza, 111 E. Second St., in Davenport.
Order |
Title |
|
Actions |
|
Presenter |
D-2015-49 |
Approve Minutes of the March 10, 2015, Commission Meeting |
|
Approved |
|
Connie Page, |
H-2015-50 |
Administrative Rules – 761 IAC 130 – Signing Manual; 761 IAC 131 – Signing on Primary Roads |
|
Approved |
|
John Adam, director, |
PPM-2015-51 |
Review Federal Fiscal Year 2016 Federal Aviation Funding Preapplications |
|
Approved
|
|
Stuart Anderson, director, |
PPM-2015-52 |
Revitalize Iowa’s Sound Economy (RISE) Policy |
|
Approved |
|
Craig Markley, director, |
PPM-2015-53 |
RISE Application – Marshalltown (delegation) |
|
Approved (details below) |
|
Craig Markley, director, |
PPM-2015-54 |
RISE Application – Grinnell (delegation) |
|
Approved (details below) |
|
Craig Markley, director, |
PPM-2015-55 |
RISE Application – Grimes (delegation) |
|
Approved (details below) |
|
Craig Markley, director, |
PPM-2015-56 |
RISE Application – Dyersville (delegation) |
|
Approved (details below) |
|
Craig Markley, director, |
PPM-2015-57 |
RISE Proposed Settlement – Independence |
|
Approved |
|
Craig Markley, director, |
Review Federal Fiscal Year 2016 Federal Aviation Funding Preapplications
Eligible public airports in Iowa annually submit preapplications for Federal Aviation Administration funding to the Office of Aviation. Per the Iowa Code, the Iowa Transportation Commission must approve the submittal of those preapplications to FAA. The Commission approved submission of those preapplications and they will now be sent to FAA for review and action.
Revitalize Iowa’s Sound Economy (RISE) Policy
Annually, the maximum RISE funding per job policy is reviewed. Based on analysis of construction costs over the past years, it was recommended to increase the maximum RISE funding per job from $11,000 to $12,000 for qualifying RISE Immediate Opportunity applications. The Commission approved this change to the policy and the change will take effect on RISE projects approved by the Commission in April 2015 or later.
RISE grant applications approved
The RISE program was established to promote economic development in Iowa through construction or improvement of roads and streets. Iowa cities and counties are eligible for funding in the form of a grant, loan, or combination thereof. Projects must involve construction or improvement of a public roadway. There are two RISE project types: 1) Immediate Opportunity, and 2) Local Development. More information is available at: www.iowadot.gov/systems_planning/rise.htm.
Dyersville: Up to $326,255 from the city share of the RISE Fund was approved for a Local Development grant to assist in construction of approximately 2,000 feet of Industrial Parkway Southwest located on the southwest side of town. This project is necessary to provide access to seven lots totaling more than 43 acres for industrial purposes. This project is anticipated to be completed by November 2015.
Marshalltown: Up to $79,088 from the city share of the RISE Fund was approved for a Local Development grant to assist in construction of two left-turn lanes on South 18th Avenue totaling approximately 540 feet located on the east side of town. This project is necessary to provide access to approximately 50 acres for manufacturing and distribution purposes. This project is anticipated to be completed by August 2015.
Grimes: Up to $164,096 from the city share of the RISE Fund was approved for a Local Development grant to assist in construction of approximately 680 feet of Southeast Destination Drive located on the southeast side of town. This project is necessary to provide access to six lots totaling more than 10 acres for light industrial, manufacturing, and warehousing purposes. This project is anticipated to be completed by December 2015.
Grinnell: Up to $301,950 from the city share of the RISE Fund and $247,050 of the county share of the RISE Fund was approved for an Immediate Opportunity grant to assist in construction of turn lanes on Iowa 146 totaling approximately 2,300 feet located on the south side of town. This project is necessary to provide improved access to Grinnell Mutual Reinsurance Co., a property and casualty insurance and reinsurance provider, to support the creation of 61 new full-time jobs and $12,765,599 in associated capital investment. This project is anticipated to be completed by October 2016.
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