Today, the Iowa Economic Development Authority (IEDA) Board approved awards for two companies, which will assist in the creation of 223 jobs and result in $20 million in new capital investment for the state. These projects are located in Rock Valley and West Des Moines. The board also approved Community Attraction and Tourism (CAT) grants in Cedar Rapids, Grundy County, Maquoketa and Pella.
CAT grants awarded to four communities including Pella
The City of Pella was awarded $500,000 for the Pella Recreation Center to be located within the Pella Sports Park. The project will construct a two-story building to house sports amenities like a competition swimming pool, indoor turf field, track and more, which is projected to attract approximately 18,000 players, coaches and family members per year. Total project cost is nearly $33 million.
The CAT program provides financial assistance to communities for the construction of recreational, cultural, educational or entertainment facilities that enhance the quality of life in Iowa. Award recommendations for these funds are made by the CAT Review Committee to the IEDA Board for approval.
