§ 468.74 — Drainage bonds

Iowa § 468.74

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

Text

1. When a drainage district has been established or the making of any subsequent repair
or improvement determined upon, if the board of supervisors shall find that the cost of such
improvement will create assessments against the land included in the district that are greater

than should be levied in a single year upon the lands benefited by the improvement, then,
instead of issuing improvement certificates, as provided in sections 468.70 through 468.73,
the board may fix the amount that shall be levied and collected each year until such cost
and expenses are paid, and may issue drainage bonds of the county covering all assessments
exclusive of assessments of one hundred dollars and less.
2. Before drainage bonds shall be issued, the governing body of the district shall cause
an action for declaratory judgment to be brought in the district court of the county in which
the bonds are to be issued, asking that their legality be confirmed. The court shall fix a date
for hearing on the legality of the bonds and notice of hearing shall be given to the owners of
each lot or tract of land within the district, which shall be affected by an assessment to pay
the proposed bonds, as shown by the transfer books in the auditor’s office. Notice shall also
be given to the holders of liens of record upon the affected lands and to all persons to whom it
may concern without naming them specifically. The notice shall be given by publication and
by mailing for the same time in advance of hearing and in the same manner prescribed in
section 468.15. After the entry of the declaratory judgment adjudicating the validity of such
bonds, the approval of the district court shall be endorsed on the bonds before issuance.

Legislative History

[C97, §1953; S13, §1989-a27; C24, 27, 31, 35, 39, §7503; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §455.81]