Renewable Fuel Infrastructure Report for FY`08

The Renewable Fuel Infrastructure Program (RFIP) Board gave grants to 75 applicants.  Three of those grants were for simultaneous installation of an E85 dispenser and a biodiesel dispenser at one site, referred to as “Combo” in this report. These combos were awarded before the legislatives in HF 2689.

Four E85 dispenser grants and one biodiesel dispenser grant from FY`07 either expired, with no request for extension, or was withdrawn with the allocated monies ($140,575.00) being returned to the RFIP fund.  The RFIP fund carried forward a balance of $6,039,526.40 to the FY`09 RFIP fund.  An additional $2,000,000 from the General Fund (HF2759) will be added to the RFIP fund for FY`09.

The break-out of funding for FY`08 is as follows:
                       

Units

Description

Dollars

23*

E85 dispensers

685,450.00

10*

Biodiesel dispensers

226,950.00

10

Biodiesel Terminals**

327,900.00

35

Biodiesel Tank Wagons

945,300.00

78

Total

2,185,600.00

  * The combo grants, prior to legislative change, were put in their respective units

  ** Also includes biodiesel storage tanks

 

The tracking of the grants by Congressional District are as follows:

Congressional
District

Number
of Grants

Grant
dollars

Combo
(E85 disp &
biod disp)

E85
dispenser

1

13

405,300

1--$30,000

1--$50,000

2

11

311,700

1--$30,000

5--$145,100

3

7

194,400

0

  1--$24,800

4

21

579,600

1--$24,700

4--$110,100

5

23

694,600

0

9--$313,100

Total

75

2,185,600

3--$84,700

20--$643,100

Congressional
District

Biodiesel
dispenser

Biodiesel
terminal
(heated)

Biodiesel
terminal
(non-heated)

Biodiesel
tank wagon

1

1--$9,000

1--$50,000

2--$100,000

   7--$166,300

2

0

1--$34,400

1--$12,200

     3--$90,000

3

3--$79,600

0

0

     3--$90,000

4

1--$30,000

0

3--$93,200

12--$321,600

5

2--$66,000

0

2--$38,100

10--$277,400

Total

7--$184,600

2--$84,400

8--$243,500

35--$945,300

The Renewable Fuel Infrastructure (RFIP) Board functions with ten board members.  They are as follows:
   Al Hillgren, Des Moines, representing the Iowa Petroleum Equipment Contractors Association
   Brian Wiegert, Waukee, representing the Insurers
   Eric Seuren, West Des Moines, representing the Petroleum Refining, Terminals & Distribution
   Kenneth Pangburn, Corning, representing the Iowa Farm Bureau Federation
   Jeff Hove, West Des Moines, representing the Petroleum Marketers and Convenience Stores of
   Iowa         
   Jill Reams-Widder, Ankeny, representing the Iowa Grocery Industry Association
   Diane Dennler, Mason City, representing the Iowa Renewable Fuels Association
   Sandy Simpson, Onawa, representing the Agribusiness Association of Iowa
   Keith Sexton, Rockwell City, representing the Iowa Corn Growers Association
   Cindi Grover, Elma, representing the Iowa Soybean Association

 

 

Company Name

App #

Date

F Loan

Loan

Loan Float

Loan Guar

Royalty

Other

Total Award

Cobb Oil Co, Inc

07-RFIP-090

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Five Star Coop

07-RFIP-092

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Wessels Oil Co

07-RFIP-101

8/21/07

$0

$0

$0

$0

$0

$9,500

$9,500

Fredericksburg Farmers Coop

07-RFIP-102

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Kum & Go, LLC

07-RFIP-103

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Houseman Oil Co, Inc

07-RFIP-104

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Sully Cooperative Exchange

07-RFIP-106

8/21/07

$0

$0

$0

$0

$0

$8,600

$8,600

Sully Cooperative Exchange

07-RFIP-107

8/21/07

$0

$0

$0

$0

$0

$21,000

$21,000

AgVantage FS, Inc

07-RFIP-108

8/21/07

$0

$0

$0

$0

$0

$9,000

$9,000

AgVantage FS, Inc

07-RFIP-109

8/21/07

$0

$0

$0

$0

$0

$11,400

$11,400

SliverEdge Cooperative

08-RFIP-001

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

218 Fuel Express

08-RFIP-002

8/21/07

$0

$0

$0

$0

$0

$5,400

$5,400

Sinclair Elevator Inc.

08-RFIP-003

8/21/07

$0

$0

$0

$0

$0

$22,300

$22,300

Carterville Elevator Inc

08-RFIP-004

8/21/07

$0

$0

$0

$0

$0

$38,500

$38,500

Farm Service Co

08-RFIP-005

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Farm Service Co

08-RFIP-006

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Agriland FS, Inc

08-RFIP-007

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Agriland FS, Inc

08-RFIP-008

8/21/07

$0

$0

$0

$0

$0

$30,000

$30,000

Chase Oil

08-RFIP-009

11/20/07

$0

$0

$0

$0

$0

$50,000

$50,000

Chase Oil

08-RFIP-010

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Mike's Inc

08-RFIP-011

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Demmer Oil Co.

08-RFIP-012

11/20/07

$0

$0

$0

$0

$0

$12,600

$12,600

Midwest Farmer's Cooperative

08-RFIP-013

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Martin Oil

08-RFIP-014

11/20/07

$0

$0

$0

$0

$0

$28,300

$28,300

Farm Service Cooperative

08-RFIP-015

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Farmers Mutual Town & Country

08-RFIP-016

11/20/07

$0

$0

$0

$0

$0

$25,700

$25,700

Heart of Iowa

08-RFIP-017

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Heart of Iowa

08-RFIP-018

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

R & B Convenient Inc.

08-RFIP-019

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Kum & Go, LLC

08-RFIP-020

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Kum & Go, LLC

08-RFIP-021

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Kum & Go, LLC

08-RFIP-022

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Great Lakes Cooperative

08-RFIP-023

11/20/07

$0

$0

$0

$0

$0

$24,700

$24,700

Douglas & Jones Development LLC

08-RFIP-024

11/20/07

$0

$0

$0

$0

$0

$24,800

$24,800

Martin Oil

08-RFIP-025

11/20/07

$0

$0

$0

$0

$0

$11,700

$11,700

Farmers Cooperative

08-RFIP-026

11/20/07

$0

$0

$0

$0

$0

$13,800

$13,800

Farmers Cooperative Company

08-RFIP-027

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Saint Avenue Stop

08-RFIP-028

11/20/07

$0

$0

$0

$0

$0

$30,000

$30,000

Stewart & Sons LTD

08-RFIP-029

11/20/07

$0

$0

$0

$0

$0

$12,200

$12,200

REG Marketing & Logistics LLC

08-RFIP-030

2/19/08

$0

$0

$0

$0

$0

$50,000

$50,000

Farm Service Cooperative

08-RFIP-031

2/19/08

$0

$0

$0

$0

$0

$17,500

$17,500

Grysson Oil Co

08-RFIP-032

2/19/08

$0

$0

$0

$0

$0

$34,400

$34,400

United Farmers Mercantile Cooperative

08-RFIP-033

2/19/08

$0

$0

$0

$0

$0

$16,700

$16,700

Diamond Oil Co (Perry)

08-RFIP-034

2/19/08

$0

$0

$0

$0

$0

$30,000

$30,000

Aspinwall Cooperative Co

08-RFIP-035

2/19/08

$0

$0

$0

$0

$0

$20,700

$20,700

Graves Oil

08-RFIP-036

2/19/08

$0

$0

$0

$0

$0

$30,000

$30,000

Two Rivers Cooperative

08-RFIP-037

2/19/08

$0

$0

$0

$0

$0

$30,000

$30,000

Frese Inc.

08-RFIP-038

2/19/08

$0

$0

$0

$0

$0

$15,500

$15,500

Waterloo Oil Co., Inc

08-RFIP-039

2/19/08

$0

$0

$0

$0

$0

$30,000

$30,000

Waterloo Oil Co., Inc

08-RFIP-040

2/19/08

$0

$0

$0

$0

$0

$50,000

$50,000

Ellliott Oil Co.

08-RFIP-041

2/19/08

$0

$0

$0

$0

$0

$19,600

$19,600

Viking View LLC

08-RFIP-042

2/19/08

$0

$0

$0

$0

$0

$14,100

$14,100

Postville Farmers Cooperative Society

08-RFIP-043

2/19/08

$0

$0

$0

$0

$0

$30,000

$30,000

E-Mart Inc.

08-RFIP-044

2/19/08

$0

$0

$0

$0

$0

$30,000

$30,000

Johnson Oil & LP Co.

08-RFIP-045

6/24/08

$0

$0

$0

$0

$0

$30,000

$30,000

Northwest Iowa Ethanol Supply

08-RFIP-046

6/24/08

$0

$0

$0

$0

$0

$7,400

$7,400

Northwest Ethanol Supply

08-RFIP-047

6/24/08

$0

$0

$0

$0

$0

$17,400

$17,400

Community Oil Co.

08-RFIP-048

6/24/08

$0

$0

$0

$0

$0

$30,000

$30,000

Kelly Heating & Oil

08-RFIP-049

6/24/08

$0

$0

$0

$0

$0

$30,000

$30,000

Country Stores of Carroll

08-RFIP-050

6/24/08

$0

$0

$0

$0

$0

$50,000

$50,000

Bob's Farm Center, Inc

08-RFIP-051

6/24/08

$0

$0

$0

$0

$0

$30,000

$30,000

South Central Coop

08-RFIP-052

6/24/08

$0

$0

$0

$0

$0

$30,000

$30,000

Mother Hubbard's #6

08-RFIP-053

6/24/08

$0

$0

$0

$0

$0

$50,000

$50,000

Fred's Gas & Car Wash Inc

08-RFIP-054

6/24/08

$0

$0

$0

$0

$0

$30,000

$30,000

34 Gas "N" More

08-RFIP-055

6/24/08

$0

$0

$0

$0

$0

$50,000

$50,000

Farmers Coop Association

08-RFIP-056

6/24/08

$0

$0

$0

$0

$0

$44,700

$44,700

Popkes Car Care Inc

08-RFIP-057

6/24/08

$0

$0

$0

$0

$0

$50,000

$50,000

Five Star Coop

08-RFIP-058

6/24/08

$0

$0

$0

$0

$0

$43,000

$43,000

New Century FS

08-RFIP-059

6/24/08

$0

$0

$0

$0

$0

$30,000

$30,000

Oak Street Station

08-RFIP-060

6/24/08

$0

$0

$0

$0

$0

$42,200

$42,200

Oak Street Station

08-RFIP-061

6/24/08

$0

$0

$0

$0

$0

$16,000

$16,000

Galva Holstein Ag, LLC -Galva

08-RFIP-062

6/24/08

$0

$0

$0

$0

$0

$46,900

$46,900

Galva Holstein Ag, LLC - Hols

08-RFIP-063

6/24/08

$0

$0

$0

$0

$0

$50,000

$50,000

Galva Holstein Ag, LLC - Hols

08-RFIP-064

6/24/08

$0

$0

$0

$0

$0

$50,000

$50,000

Love's Travel Stop & Country Store

08-RFIP-065

6/24/08

$0

$0

$0

$0

$0

$50,000

$50,000