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Home » US Law » 2022 Iowa Code » Title I - STATE SOVEREIGNTY AND MANAGEMENT » Chapter 28F - JOINT FINANCING OF PUBLIC WORKS AND FACILITIES

Section 28F.1 – Scope of chapter — limitations.

28F.1 Scope of chapter — limitations. 1. This chapter provides a means for the joint financing by public agencies of works or facilities useful and necessary for the collection, treatment, purification, and disposal in a sanitary manner of liquid and solid waste, sewage, and industrial waste, facilities used for the conversion of solid waste to […]

Section 28F.10 – Refunding bonds.

28F.10 Refunding bonds. Refunding bonds may be issued by an entity in a principal amount sufficient to provide funds for the payment, including premium, if any, of bonds issued by the entity pursuant to the provisions of this chapter to be refunded thereby and the interest thereon and in addition for the payment of all […]

Section 28F.11 – Eminent domain.

28F.11 Eminent domain. Any public agency participating in an agreement authorizing the joint exercise of governmental powers pursuant to this chapter may exercise its power of eminent domain to acquire interests in property, under provisions of law then in effect and applicable to the public agency, for the use of the entity created to carry […]

Section 28F.12 – Additional powers of the entity.

28F.12 Additional powers of the entity. 1. If the entity is comprised solely of cities, counties, and sanitary districts established under chapter 358, or any combination thereof, the entity shall have in addition to all the powers enumerated in this chapter, the powers that a county has with respect to solid waste disposal projects. 2. […]

Section 28F.13 – Laws applicable.

28F.13 Laws applicable. An entity created to carry out an agreement authorizing the joint exercise of the powers enumerated in section 28F.1 with regard to electric power facilities shall be subject to the provisions of chapter 21, relating to open meetings, chapter 22, relating to the examination of public records, chapter 97B, relating to the […]

Section 28F.14 – Hydroelectric utilities — eminent domain — contracts.

28F.14 Hydroelectric utilities — eminent domain — contracts. 1. As used in this section, “hydroelectric utility” means an entity comprised of any number of public agencies or entities created to carry out an agreement authorizing the joint exercise of any of the governmental powers enumerated in section 28F.1, which owns or operates or proposes to […]

Section 28F.2 – Definitions.

28F.2 Definitions. As used in this chapter, unless the context otherwise requires: 1. “Electric power agency” means an entity financing or acquiring electric power facilities pursuant to this chapter or chapter 28E. 2. “Project” or “projects” means any works or facilities referred to in section 28F.1 and shall include all property real and personal, pertinent […]

Section 28F.3 – Revenue bonds.

28F.3 Revenue bonds. An entity created to carry out an agreement authorizing the joint exercise of those governmental powers enumerated in section 28F.1 shall have power to construct, acquire, own, repair, improve, expand, operate and maintain a project or projects necessary to carry out the purposes of such agreement, and to issue from time to […]

Section 28F.4 – Use of proceeds — negotiability.

28F.4 Use of proceeds — negotiability. Revenue bonds may be issued, as provided in section 28F.3, to provide all or any part of the funds required to finance the cost of the acquisition, construction, reconstruction, repair, extension or improvement of any project or projects or other purposes authorized under this chapter and such cost shall […]

Section 28F.5 – Source of payment — rates and charges, pledge of revenues.

28F.5 Source of payment — rates and charges, pledge of revenues. 1. An entity shall have the power to pledge all or part of the net revenues of a project or projects to the payment of the principal of and interest on the bonds issued pursuant to this chapter and shall provide by resolution authorizing […]

Section 28F.6 – Bonds not debts of the public agencies.

28F.6 Bonds not debts of the public agencies. The principal of and interest on the bonds issued by an entity under the provisions of this chapter shall be payable solely from and secured by the net revenues of the project or projects and from other funds of the entity lawfully available therefor as provided in […]

Section 28F.7 – Construction and operation of project.

28F.7 Construction and operation of project. 1. An entity shall operate, maintain and preserve a project in good repair and working order, and shall construct and operate the project in an efficient and economical manner, provided that the entity may lease or rent a project or any part of a project, or otherwise provide for […]

Section 28F.8 – Details of revenue bonds.

28F.8 Details of revenue bonds. Revenue bonds issued pursuant to this chapter shall bear interest at rates not exceeding those permitted by chapter 74A for revenue bonds issued by a city, may be in one or more series, may bear dates, may mature at times not exceeding forty years from their respective dates, may be […]

Section 28F.9 – Issuance of interim notes.

28F.9 Issuance of interim notes. The entity may borrow money for the purposes for which bonds may be issued, in anticipation of the receipt of the proceeds of the sale of bonds. Notes shall be issued for moneys borrowed under this section, and the notes may be renewed. The notes shall be authorized by resolution […]