§ 468.127 — Payment

Iowa § 468.127

• Jurisdiction: Iowa
• Title XI: NATURAL RESOURCES
• Ch. 468: LEVEE AND DRAINAGE DISTRICTS AND IMPROVEMENTS

Text

1. The costs of the repair or improvements provided for in section 468.126 shall be paid
for out of the funds of the levee or drainage district. If the funds on hand are not sufficient
to pay such expenses, the board within two years shall levy an assessment sufficient to pay
the outstanding indebtedness and leave the balance which the board determines is desirable
as a sinking fund to pay maintenance and repair expenses. Any assessment made under this
sectiononanytract, parcelorlotwithinthedistrictwhichiscomputedatlessthanfivedollars
shall be fixed at the sum of five dollars.
2. Iftheboarddeemsthatthecostsoftherepairsorimprovementswillcreateassessments
against the lands in the district greater than should be borne in one year, the board may levy
the assessment at one time and provide for the payment of the costs and assessments in
the manner provided in sections 468.57 through 468.61; provided that assessments may be
collected in not more than twenty installments as the board may determine.

Legislative History

[S13, §1989-a21; C24, 27, 31, 35, 39, §7557; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §455.136]