§ 384.36 — Prior proceedings

Iowa § 384.36

• Jurisdiction: Iowa
• Title IX: LOCAL GOVERNMENT
• Ch. 384: CITY FINANCE

Text

Projects and proceedings for the issuance of general obligation bonds commenced before
the effective date of the city code may be consummated and completed as required or
permitted by any statute or other law amended or repealed by the city code as though the
repeal or amendment had not occurred, and the rights, duties, and interests flowing from
such projects and proceedings remain valid and enforceable. Without limiting the foregoing,
projects commenced prior to the effective date may be financed by the issuance of general
obligation bonds under any such amended or repealed law or by the issuance of general
obligation bonds under the city code. For the purposes of this section, commencement of
a project includes but is not limited to action taken by the council or authorized officer to
fix a date for a hearing in connection with any part of the project, and commencement of
proceedings for the issuance of general obligation bonds includes but is not limited to action
taken by the council to fix a date for either a hearing or a sale in connection with any part of
the general obligation bonds, or to order any part thereof to be issued.

Legislative History

[C75, 77, 79, 81, §384.36]