Iowa § 260C.57 Authorization — contracts — title

Iowa Statutes

§ 260C.57 — Authorization — contracts — title

Iowa § 260C.57

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 260CCOMMUNITY COLLEGES

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Bluebook

Iowa Code § 260C.57 (2026).

Text

Subject to and in accordance with the provisions of this subchapter, the board of directors
of each community college is hereby authorized to undertake and carry out any project at a
community college under the board’s control and to operate, control, maintain, and manage
student residence halls and dormitories, including dining and other incidental facilities, and
additions to such buildings at each of said institutions. All contracts for the construction,
reconstruction, completion, equipment, improvement, repair or remodeling of any buildings,
additions or facilities shall be let in accordance with the provisions of section 260C.19. The
title to all real estate acquired under the provisions of this subchapter and the improvements
erected on the real estate shall be taken and held in the

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Subject to and in accordance with the provisions of this subchapter, the board of directors
of each community college is hereby authorized to undertake and carry out any project at a
community college under the board’s control and to operate, control, maintain, and manage
student residence halls and dormitories, including dining and other incidental facilities, and
additions to such buildings at each of said institutions. All contracts for the construction,
reconstruction, completion, equipment, improvement, repair or remodeling of any buildings,
additions or facilities shall be let in accordance with the provisions of section 260C.19. The
title to all real estate acquired under the provisions of this subchapter and the improvements
erected on the real estate shall be taken and held in the name of the merged area. The
board is authorized to rent the rooms in such residence halls and dormitories to the students,
officers, guestsandemployeesoftheinstitutionsatsuchrates, feesorrentalsaswillprovidea
reasonable return upon the investment, but which will in any event produce net rents, profits
and income sufficient to insure the payment of the principal of and interest on all bonds or
notes issued to pay any part of the cost of any project and refunding bonds or notes issued
pursuant to the provisions of this subchapter and to insure that no property tax revenues will
be needed to retire the bonds or notes.