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BOARD ACTION: Vision Iowa Awards 766,000 to Fort Madison Complex

For more information contact:

 

Jessica O'Riley

Iowa Economic Development Authority

515.725.3085

visioniowa@iowa.gov

 

Vision Iowa Board Awards $766,000 to Fort Madison Sports Complex

 

June 13, 2012 (Des Moines) - The Vision Iowa Board awarded a $766,000 grant for the construction of a sports complex in Fort Madison. The grant was approved by the Vision Iowa Board at their meeting in Independence today.

 

The following project was approved for a grant awarded through the Community Attraction and Tourism (CAT) Fund:

 

Fort Madison Sports Complex – Fort Madison

Total Project Cost: $3,300,935

Amount Requested: $846,590

Amount Awarded: $766,000

Award Contingencies: Completion of fundraising in 90 days and a $25,000 upfront contribution from Lee County.

 

This project includes the construction of a multi-use sporting facility on the west end of Fort Madison. Specific components include three lighted multi-use ball and three multi-use soccer fields, along with a playground area for small children, a concession stand and restrooms.

 

The Vision Iowa Program provides financial incentives to communities for the construction of recreational, cultural, educational or entertainment facilities that enhance the quality of life in Iowa. Currently, 360 CAT awards have been granted by the board, totaling $136,000,849. The next Vision Iowa Board meeting is scheduled for July 11, 2012, in Des Moines.

 

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Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.348.6200
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