DES MOINES – Iowa legislators are gathering for a special session today to consider tax incentives for a proposed steel plant in southeast Iowa. The Des Moines Register reports those credits could total $1.36 billion over the next decade for the $15 billion project. Iowa Economic Development Authority Director Debi Durham presented those numbers to lawmakers this week, which include an investment tax credit worth 10% of the project, as well as $154 million in sales tax refunds.
IOWA – The official National Weather Service precipitation site at the Des Moines airport recorded 14.50″ of rain in September. That is the wettest month in 112 years and 3rd-wettest on record, only behind 15.79″ in Jun 1881 and 14.81″ in Sep 1914. Also, if no more precipitation fell in the next three months, this would still rank as the 7th-wettest year on record in Des Moines.
AMES – Iowa State University officially installed its next president on Thursday, as David Cook outlined his plans during a ceremony. Cook started in March after Wendy Wintersteen’s retirement, according to Iowa Capital Dispatch, and says his goal is to place Iowa State in the top 20 public land grant universities in the country by 2032.
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