Section 357G.11 – Bonds in anticipation of revenue.
357G.11 Bonds in anticipation of revenue. A district may anticipate the collection of taxes authorized in this chapter, and to carry out the purposes of this chapter may issue bonds payable in not more than ten equal installments with the rate of interest not exceeding that permitted by chapter 74A. An indebtedness shall not be […]
Section 357G.12 – Dissolution of district.
357G.12 Dissolution of district. Upon petition of thirty-five percent of the resident eligible electors, the council may dissolve a district and dispose of any remaining property, the proceeds of which shall first be applied against outstanding obligations and any balance shall be applied to tax credit of property owners of the district. The council shall […]
Section 357G.13 – Adding property to district.
357G.13 Adding property to district. Any property in an unincorporated area contiguous to the boundaries of an established district which is annexed by the city shall be included in the district. The tax levy for the next year shall be applied to the property and on the first day of the next fiscal year, the […]
Section 357G.14 – Determination of fee.
357G.14 Determination of fee. 1. The owner of any property joining an established district shall pay to the trustees of the district an initial fee to be computed as follows: a. The trustees shall first determine fair market value of all property and improvements owned by the district, less any indebtedness. b. The council shall […]
Section 357G.1 – Definitions.
357G.1 Definitions. As used in this chapter, unless the context otherwise requires: 1. “Book”, “list”, “record”, or “schedule” kept by a county auditor, assessor, treasurer, recorder, sheriff, or other county officer means the county system as defined in section 445.1. 2. “Council” means the city council of a city. 3. “District” means a city emergency […]
Section 357G.2 – Petition for public hearing.
357G.2 Petition for public hearing. 1. The council shall, on the petition of twenty-five percent of the resident property owners in a proposed district if the assessed valuation of the property owned by the petitioners represents at least twenty-five percent of the total assessed value of the proposed district, hold a public hearing concerning the […]
Section 357G.3 – Limitation on area.
357G.3 Limitation on area. A district shall include all of the incorporated area of a city except property assessed as agricultural land, or centrally assessed property. 94 Acts, ch 1075, §3
Section 357G.4 – Time of hearing.
357G.4 Time of hearing. The public hearing required in section 357G.2 shall be held within thirty days of the presentation of the petition. Notice of hearing shall be given by publication in two successive issues of any newspaper of general circulation within the district. The last publication shall be not less than one week before […]
Section 357G.5 – Action by council.
357G.5 Action by council. After, and within ten days of, the hearing, the council shall either establish the district by resolution or disallow the petition. 94 Acts, ch 1075, §5
Section 357G.6 – Engineer.
357G.6 Engineer. 1. When the council establishes a district, the council shall appoint a competent disinterested civil engineer, who shall prepare a preliminary plat showing: a. The proper design in general outline of the district. b. The lots and parcels of land within the proposed district as they appear on the city assessor’s or county […]