§ 275.30 — Arbitration

Iowa § 275.30

• Jurisdiction: Iowa
• Title VII: EDUCATION, HISTORY, AND CULTURE
• Ch. 275: REORGANIZATION OF SCHOOL DISTRICTS

Text

1. If the boards cannot agree on such division and distribution, the matters on which
they differ shall be decided by disinterested arbitrators, one selected by the initial board
of directors of the newly formed district, one selected jointly by the boards of directors of

contiguous districts receiving territory of the school districts affected, and one selected by
the area education agency administrator.
2. The decision of the arbitrators shall be made in writing and filed with the secretary of
the new corporation, and a party to the proceedings may appeal the decision to the district
court by serving notice on the secretary of the new corporation within twenty days after the
decision is filed. The appeal shall be tried in equity and a decree entered determining the
entire matter, including the levy, collection, and distribution of any necessary taxes.
3. a. Ifaschooldistrictaffectedbythereorganizationhasoutstandingbondsissuedunder
section 423E.5* or 423F.4, the arbitrators’ decision and any decision of the court on appeal
shallassurethattheestimatedrevenueundersection423F.2foreachdistricttowhichliability
for payment of such bonds is assigned is sufficient for the payment of principal and interest
on the outstanding bonds required to be paid in the budget year following reorganization.
b. The issuance of the arbitrators’ decision or court decision on appeal creates a lien on
the revenues from the secure an advanced vision for education fund received by the district
to which the liability for payment of the bonds were assigned, subject to the same priority as
provided by the affected school district that issued the bonds.

Legislative History

[C73, §1715; C97, §2802; S13, §2802, 2820-g; C24, 27, 31, 35, 39, §4138; C46, 50, §274.20; C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §275.30]