IUP application. Beginning in SFY 2023, prior to closing a construction loan, applicants must demonstrate that appropriate action has been taken to implement the utility rate recommendations of their Municipal advisor set forth in the 5-year pro-forma cash flow analysis. Beginning in SFY 2023, to the extent applicable, applicants must provide certification evidencing compliance with public bidding law, pursuant to Iowa Code Chapter 26, prior to closing a construction loan. With the SFY 2023 Intended Use Plans and future program plans, Iowa’s SRF Programs will continue to help Iowans protect public health and the environment through investing in Iowa’s water.
IOWA SRF INTENDED USE PLANS 2023 - Overview | Page 6
Powered by FlippingBook