Text: HSB00725 Text: HSB00727 Text: HSB00700 - HSB00799 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 360.9, Code 1999, is amended by
1 2 striking the section and inserting in lieu thereof the
1 3 following:
1 4 360.9 DISPOSAL OF INTEREST IN REAL PROPERTY.
1 5 1. In disposing of any interest in real property including
1 6 improvements on the real property, that is situated wholly
1 7 outside of a city, is owned by a township, used for township
1 8 purposes, and is no longer necessary for township purposes, by
1 9 sale or exchange, by lease for a term of more than three
1 10 years, or by gift, the township shall follow the following
1 11 procedures, except as otherwise provided by state law:
1 12 a. The township trustees shall set forth their proposal in
1 13 a resolution and shall publish notice of the time and place of
1 14 a public hearing on the proposal at least once, not less than
1 15 four nor more than twenty days before the date of the hearing,
1 16 in one or more newspapers which meet the requirements of
1 17 section 618.14.
1 18 b. After the public hearing, the township trustees may
1 19 make a final determination on the proposal by resolution.
1 20 2. The township trustees shall not dispose of real
1 21 property by gift except for a public purpose, as determined by
1 22 the township trustees, in accordance with other state law.
1 23 However, the township trustees may dispose of real property
1 24 for use in an Iowa homesteading program under section 16.14
1 25 for a nominal consideration.
1 26 EXPLANATION
1 27 This bill provides that a township disposing of an interest
1 28 in real property shall first hold a public hearing on the
1 29 proposed transaction, and then resolve the issue by resolution
1 30 of the township trustees. This procedure is similar to the
1 31 procedures for disposal of interests in real estate by cities,
1 32 under Code section 364.7, and counties, under Code section
1 33 331.361. The bill also places a limitation on disposal of the
1 34 interest by gift, similar to those other Code sections.
1 35 Current Code section 360.9 requires that before a township
2 1 may dispose of property that is no longer needed, the real
2 2 estate interest either reverts to the present owner of the
2 3 land from which the tract was taken, if the owner pays the
2 4 value of the property, or the township may sell the property
2 5 at public auction. The current Code section also provides for
2 6 other related procedures and limitations on real estate
2 7 transfers by the township.
2 8 LSB 6651YC 78
2 9 jj/cf/24
Text: HSB00725 Text: HSB00727 Text: HSB00700 - HSB00799 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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