This text of Iowa § 358C.13 (Board of trustees — powers — prohibited actions) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
1.The board of trustees is the corporate authority of the district and shall manage and
control the affairs and property of the district. A majority of the board of trustees shall
constituteaquorum,butasmallernumbermayadjournfromdaytoday. Theboardoftrustees
shall elect a president, a clerk, and a treasurer from its membership.
2.The board of trustees shall maintain the official records of the district, which shall
includeinformationregardingtheserviceofanyindebtednessofthedistrict,includingspecial
assessment bonds. The board shall report annually on the progress of the district in retiring
indebtedness.
3.Theboardoftrusteesmayadoptthenecessaryordinances, resolutions, andregulations
for the proper management and conduct of the business of the board of trustees and the
corporation and for
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1. The board of trustees is the corporate authority of the district and shall manage and
control the affairs and property of the district. A majority of the board of trustees shall
constituteaquorum,butasmallernumbermayadjournfromdaytoday. Theboardoftrustees
shall elect a president, a clerk, and a treasurer from its membership.
2. The board of trustees shall maintain the official records of the district, which shall
includeinformationregardingtheserviceofanyindebtednessofthedistrict,includingspecial
assessment bonds. The board shall report annually on the progress of the district in retiring
indebtedness.
3. Theboardoftrusteesmayadoptthenecessaryordinances, resolutions, andregulations
for the proper management and conduct of the business of the board of trustees and the
corporation and for carrying out the purposes for which the district is formed, including for
the negotiation of short-term loans and the issuance of warrants.
4. The board of trustees shall provide public notice prior to each meeting of the board.
The notice shall contain the agenda of the meeting which shall describe the proposed actions
to be taken by the board at the meeting.
5. If the board of trustees wishes to expand its authority to carry out public improvements
in addition to the public improvements listed in the board’s original petition as provided
in section 358C.4, the board shall submit a petition to the board of supervisors specifying
the additional public improvements to be included within the authority of the district and
requesting that the board of supervisors order an election as provided in section 358C.7
to approve or disapprove the amendment. If the petition includes public improvements as
specified in section 358C.4, the board of supervisors shall order the election to be conducted
as otherwise provided in this chapter. If the amendment is approved, the original petition is
amended to include the additional public improvements.
6. The board of trustees of a district shall not purchase and resell electric service or
establish and operate a gasworks or electric light and power plant and system.
7 REAL ESTATE IMPROVEMENT DISTRICTS, §358C.15
7. The board of trustees shall not require or grant a franchise to any person pursuant to
section 364.2, subsection 4.
8. The board of trustees shall not prohibit or restrict the construction of manufactured
homesinarealestateimprovementdistrict. Asusedinthissubsection, “manufacturedhome”
has the same meaning as under section 435.1, subsection 3.
9. The board of trustees shall not enter into a contract for public improvements or other
services with a board member or with any person owning more than twenty-five percent of
the land of a real estate improvement district except as a result of competitive bidding.