Iowa Admin. Code r. 571-17.12

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 571-17.12 - [Effective until 6/5/2024] Lease fee

The annual lease fee in dollars to be paid by the operator to the department shall be based on the dimensions of the area to be used as a fleeting area. The fee shall be determined as follows:

1.For each year included under leases issued prior to January 1, 2007, $3.18 per each 100 square feet or fraction thereof

2.Effective under leases issued on and after January 1, 2007, each subsequent January 1, the fee per 100 square feet shall be adjusted on a cumulative basis, by the percentage of the Consumer Price Index for the Midwest Urban Region, published by the U.S. Department of Labor, Bureau of Labor Statistics, for the previous one-year period.

Iowa Admin. Code r. 571-17.12