Iowa § 357E.11 Bonds in anticipation of revenue

Iowa Statutes

§ 357E.11 — Bonds in anticipation of revenue

Iowa § 357E.11

Title IXLOCAL GOVERNMENT

Ch. 357ERECREATIONAL LAKE AND WATER QUALITY DISTRICTS

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Bluebook

Iowa Code § 357E.11 (2026).

Text

A district, other than a combined district, may anticipate the collection of taxes by the levy
authorized in this chapter, and to carry out the purposes of this chapter may issue bonds
payable in not more than twenty equal installments with the rate of interest not exceeding
that permitted by chapter 74A. An indebtedness shall not be incurred under this section
until authorized by an election. The election shall be held and notice given in the same
manner as provided in section 357E.8, and the same majority vote is necessary to authorize
indebtedness. Subject to section 39.2, subsection 4, both propositions may be submitted to
the voters at the same election.

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A district, other than a combined district, may anticipate the collection of taxes by the levy
authorized in this chapter, and to carry out the purposes of this chapter may issue bonds
payable in not more than twenty equal installments with the rate of interest not exceeding
that permitted by chapter 74A. An indebtedness shall not be incurred under this section
until authorized by an election. The election shall be held and notice given in the same
manner as provided in section 357E.8, and the same majority vote is necessary to authorize
indebtedness. Subject to section 39.2, subsection 4, both propositions may be submitted to
the voters at the same election.