U of Iowa, State Ponder Next Move After Art Museum Funds Denied

Monday, May 14, 2012

University of Iowa and state officials are discussing their options after the Federal Emergency Management Agency denied a second appeal by the school for funding to replace its flood-damaged art museum.

The museum sustained heavy damage in the 2008 flood, and university officials requested funding to build a replacement.

According to FEMA documents, the agency denied funding for a new building because the estimated cost of repairing the existing facility — about $5.2 million — was less than 50 percent of the cost of replacing the museum, an estimated $40 million.

The university twice appealed the decision, arguing that a new building was necessary because the school would not be able to obtain insurance for its art collection if it was returned to the same building.

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