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House Journal: Page 1345: Thursday, April 6, 1995

Page 13

 1     2.  The assessments may be made to extend over a
 2   period not to exceed fifteen years, payable in as
 3   nearly equal annual installments as practicable.  A
 4   majority vote of the board of trustees is requisite
 5   and sufficient for any action required by the board of
 6   trustees under this section.
 7     3.  Subject to the limitations otherwise stated in
 8   this section, a district organized under this chapter
 9   has all of the powers to specially assess the costs of
10   improvements described in this section, including the
11   power to issue special assessment bonds, warrants,
12   project notes, or other forms of interim financing
13   obligations, which cities have under the laws of this
14   state.
15     Sec. 17.  NEW SECTION.  358C.17  REVENUE BONDS.
16     A district incorporated under this chapter may
17   exercise the powers granted to counties in sections
18   331.462 to 331.470, to issue revenue bonds for the
19   purposes in section 358C.3, subsection 2, paragraphs
20   "b", "c", "g", "h", and "l".
21     Sec. 18.  NEW SECTION.  358C.18  ADDITIONAL
22   TERRITORY.
23     1.  The district may be enlarged and additional
24   territory annexed to the district by either of the
25   following methods:
26     a.  By petitions signed by the owners of all the
27   property to be annexed to the district.  If a petition
28   requesting annexation is presented to the trustees and
29   approved by the trustees the change in the boundaries
30   to include the additional area shall be certified by
31   the clerk of the district to the county auditor in
32   which the greater portion of the district is located
33   and thereafter the district shall include the area
34   thus annexed.
35     b.  By a petition filed with the clerk of the
36   district, signed by persons owning not less than fifty
37   percent of the area to be annexed, but not signed by
38   persons owning all the area requested to be annexed.
39   On the filing of the petition, the trustees of the
40   district shall fix a time and place for a hearing on
41   the petition and give notice of the hearing, as
42   provided in section 331.305, and by certified mail to
43   the record owners of all persons owning land within
44   the territory sought to be annexed, not less than ten
45   days prior to the date of the hearing, if the address
46   of the owners is known or can be ascertained by
47   reasonable diligence by the trustees.  At the hearing,
48   any person owning property within the area proposed to
49   be annexed or any person owning property or residing
50   within the district may appear and be heard.  If,

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

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