Text: HSB00211 Text: HSB00213 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 298.21A ENERGY CONSERVATION 1 2 BONDS. 1 3 The board of directors of a school district may issue 1 4 negotiable, interest-bearing school bonds, without election, 1 5 for energy conservation measures. Bond principal and interest 1 6 repayment shall be made from the school district's general 1 7 fund. Proceeds of the bonds issued pursuant to this section 1 8 shall be utilized solely for energy conservation measures. 1 9 For the purpose of this section, an "energy conservation 1 10 measure" means a training program, facility alteration, or 1 11 equipment to be used in new construction, including an 1 12 addition to an existing facility, that results or is projected 1 13 to result in a measured reduction in fuel, energy, or 1 14 operation and maintenance costs. 1 15 EXPLANATION 1 16 This bill provides bonding authority for school districts 1 17 implementing energy conservation measures. The bill provides 1 18 that an energy conservation measure refers to a training 1 19 program, facility alteration, or equipment to be used in new 1 20 construction, including an addition to an existing facility, 1 21 that results or is projected to result in a measured reduction 1 22 in fuel, energy, or operation and maintenance costs. The bill 1 23 provides that bonds issued to implement energy conservation 1 24 measures shall be repaid from the general fund of the school 1 25 district, and that proceeds shall be utilized solely for 1 26 energy conservation measures. The bill provides that the 1 27 board of directors of a school district may issue the bonds, 1 28 without election. 1 29 LSB 2677YC 79 1 30 rn/cls/14
Text: HSB00211 Text: HSB00213 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Fri Mar 23 03:35:27 CST 2001
URL: /DOCS/GA/79GA/Legislation/HSB/00200/HSB00212/010307.html
jhf