Iowa § 389.4 Financing

Iowa Statutes

§ 389.4 — Financing

Iowa § 389.4

Title IXLOCAL GOVERNMENT

Ch. 389JOINT WATER UTILITIES

This text of Iowa § 389.4 (Financing) 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.

Bluebook

Iowa Code § 389.4 (2026).

Text

1.A joint water utility may finance projects pursuant to chapter 28F. A city may finance its share of the cost of a project by the use of any method of financing available for city utilities, including but not limited to sections 384.23 through 384.36 and sections 384.80 through 384.94.

2.If a project is financed by a joint water utility, revenues derived from the project shall be deemed to be revenues of the joint water utility for all purposes including the issuance and payment of bonds secured by or payable from the revenues of the joint water utility. If a project is financed by member cities of a joint water utility, the revenues derived from the project shall be deemed to be revenues of the city or city utility for all purposes including the issuance and payment of bonds secured by

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1. A joint water utility may finance projects pursuant to chapter 28F. A city may finance
its share of the cost of a project by the use of any method of financing available for city
utilities, including but not limited to sections 384.23 through 384.36 and sections 384.80
through 384.94.
2. If a project is financed by a joint water utility, revenues derived from the project shall
be deemed to be revenues of the joint water utility for all purposes including the issuance
and payment of bonds secured by or payable from the revenues of the joint water utility. If
a project is financed by member cities of a joint water utility, the revenues derived from the
project shall be deemed to be revenues of the city or city utility for all purposes including the
issuance and payment of bonds secured by or payable from the revenues of the city or city
utility.