Iowa § 357C.10 Bonds in anticipation of revenue

Iowa Statutes

§ 357C.10 — Bonds in anticipation of revenue

Iowa § 357C.10

Title IXLOCAL GOVERNMENT

Ch. 357CSTREET LIGHTING DISTRICTS

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Bluebook

Iowa Code § 357C.10 (2026).

Text

Benefited street lighting districts may anticipate the collection of taxes by the levy herein
provided, and to carry out the purposes of this chapter may issue bonds payable in not more
than ten equal installments, with the rate of interest thereon not exceeding that permitted
by chapter 74A. No indebtedness shall be incurred under this chapter until authorized by an
election. Such election shall be held and notice given in the same manner as the election
provided herein for the authorization of a tax levy, and the same sixty percent vote shall be
necessary to authorize indebtedness. Subject to section 39.2, subsection 4, both propositions
may be submitted to the voters in the same election.

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Benefited street lighting districts may anticipate the collection of taxes by the levy herein
provided, and to carry out the purposes of this chapter may issue bonds payable in not more
than ten equal installments, with the rate of interest thereon not exceeding that permitted
by chapter 74A. No indebtedness shall be incurred under this chapter until authorized by an
election. Such election shall be held and notice given in the same manner as the election
provided herein for the authorization of a tax levy, and the same sixty percent vote shall be
necessary to authorize indebtedness. Subject to section 39.2, subsection 4, both propositions
may be submitted to the voters in the same election.