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Page 16 1 agreement shall not be approved which may prejudice 2 the rights of any bondholder or creditor of the 3 district. The district court may direct amendments to 4 the agreement before approving the agreement. If the 5 district and city do not agree upon the proper 6 adjustment of all matters growing out of the 7 annexation of a part of the territory located within 8 the district, either the district or the annexing city 9 may apply to the district court of the county where 10 the major portion of the district is located for an 11 adjustment of all matters growing out of or in any way 12 connected with the annexation of the territory, and 13 after a hearing the district court may enter an order 14 or decree fixing the rights, duties, and obligations 15 of the parties. However, in every case the decree or 16 order shall require a change of the district 17 boundaries so as to exclude from the district that 18 portion of the territory of the district which has 19 been annexed. The change of boundaries shall become 20 effective on the date of entry of the decree. Only 21 the district and the city shall be necessary parties 22 to the action. The decree when entered shall be 23 binding on both parties the same as though the parties 24 had voluntarily agreed thereto. This section does not 25 authorize any district to levy any special assessments 26 within the annexed area after the effective date of 27 annexation. 28 Sec. 22. NEW SECTION. 358C.22 DISSOLUTION OF 29 DISTRICT. 30 When a majority of the board of trustees of a 31 district desire that the district be wholly dissolved, 32 the trustees shall first propose a resolution 33 declaring the advisability of the dissolution and 34 setting out the terms and conditions of the 35 dissolution, and also setting out the time and place 36 when the board of trustees shall meet to consider the 37 adoption of the resolution. Notice of the time and 38 place when the resolution shall be set for 39 consideration shall be published as provided in 40 section 331.305, which publication shall contain the 41 entire wording of the proposed resolution. If any 42 part of the district lies within the area of the 43 jurisdiction of a city, then the trustees shall mail a 44 copy of the proposed resolution to the city on the 45 date of first publication of the resolution. At the 46 hearing the owners of property within the district, or 47 a city if any part of the district lies within the 48 city, may appear and make objections to the proposed 49 resolution. If the owners representing a majority of 50 the area of real estate within the district fail to
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© 1995 Cornell College and League of Women Voters of Iowa
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Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01300/01348.html
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