The Federal Emergency Management Agency will soon forward over $23 million to the University of Iowa to cover flood-related damage. University of Iowa president Sally Mason calls it "wonderful news."

Nearly $20 million will be cover efforts to stabilize and clean the tunnels and first floors of a host of buildings on the Iowa City campus that were swamped with water. Over $4 million is for restoration of the Art Building and more than $2 million is for renting temporary facilities and classrooms for art students and faculty until the Art Building reopens.

Governor Culver says the FEMA funds will cover 90 percent of the costs of these projects.