Text: S03201 Text: S03203 Text: S03200 - S03299 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 404 as follows: 1 2 #1. Page 1, by striking lines 1 through 15, and 1 3 inserting the following: 1 4 "Sec. . Section 388.9, subsection 2, Code 2003, 1 5 is amended by adding the following new unnumbered 1 6 paragraph: 1 7 NEW UNNUMBERED PARAGRAPH. This subsection shall 1 8 not apply to a financial audit or complete financial 1 9 statement required pursuant to section 388.10." 1 10 #2. Page 2, line 13, by striking the words 1 11 "directly or indirectly,". 1 12 #3. Page 3, by striking lines 7 through 12, and 1 13 inserting the following: "form, whether temporary or 1 14 permanent, or other arrangements by which there is 1 15 recourse". 1 16 #4. Page 3, lines 31 and 32, by striking the words 1 17 "exceed the lesser of any" and inserting the 1 18 following: "be greater than either the". 1 19 #5. Page 3, line 33, by striking the words 1 20 "initial construction" and inserting the following: 1 21 "construction or upgrade". 1 22 #6. By striking page 3, line 35 through page 4, 1 23 line 3, and inserting the following: "capital." 1 24 #7. Page 4, by striking lines 5 through 11, and 1 25 inserting the following: "loan shall not be less than 1 26 the rate for public obligations determined in 1 27 accordance with section 74A.6, subsection 3, for 1 28 obligations described in section 74A.3, subsection 2, 1 29 which are to be paid from revenue derived from the 1 30 operations of a publicly owned enterprise. Interest 1 31 payments shall be". 1 32 #8. Page 4, line 16, by striking the word 1 33 "fifteen" and inserting the following: "twenty". 1 34 #9. By striking page 4, line 28 through page 5, 1 35 line 1, and inserting the following: "shall have its 1 36 default reviewed in a public hearing before the city 1 37 council. The city council may choose whether to cure 1 38 the default, and shall adopt a resolution of intent on 1 39 its proposal and call a public hearing. Notice of the 1 40 time and place of the public hearing and the proposed 1 41 action shall be published as provided in section 1 42 362.3. The council, at the same or a subsequent 1 43 meeting, may pass the resolution. Within thirty days, 1 44 a petition may be filed with the clerk in the manner 1 45 provided in section 362.4, requesting that the 1 46 question be submitted to the registered voters of the 1 47 city. Upon receipt of a petition requesting an 1 48 election, the council shall direct the county 1 49 commissioner of elections to call a special election 1 50 on the question, or shall adopt a resolution 2 1 abandoning its prior position, and indicating other 2 2 intent, if any. Notice of an election shall be given 2 3 by publication as required in section 49.53. An 2 4 additional public hearing is required if the council 2 5 chooses new proposed action. However, the default 2 6 must be resolved in some manner by the council or the 2 7 voters." 2 8 #10. Page 6, by inserting after line 2, the 2 9 following: 2 10 "g. This section shall not affect the ability of a 2 11 telecommunications utility to utilize vehicles, tools, 2 12 personnel, or office facilities of another utility, 2 13 provided that the telecommunications utility pays for 2 14 the pro rata actual cost of such vehicles, tools, 2 15 personnel, or office facilities based on actual 2 16 usage." 2 17 #11. Page 6, by striking line 29, and inserting 2 18 the following: 2 19 "d. Annually cause to be prepared a certificate of 2 20 compliance with this section. If the annual financial 2 21 statements of the municipal utility are audited, then 2 22 the certificate of compliance shall be prepared by the 2 23 auditor. If the annual financial statements of the 2 24 municipal utility are not audited, then the 2 25 certificate of compliance shall be prepared and signed 2 26 by an officer of the municipal utility. 2 27 e. Nothing in this subsection shall prohibit the 2 28 provision of discounted rates for telecommunications 2 29 services for low-income, elderly, and disabled 2 30 persons. 2 31 3. In the event that any third party believes that 2 32 a municipality or municipal utility may not be in full 2 33 compliance with this section, the third party may 2 34 submit a written request to the auditor of state to 2 35 audit the compliance of the municipality or municipal 2 36 utility with this section. Upon receipt of written 2 37 request, the auditor of state shall have full access 2 38 to all of the municipality's and the municipal 2 39 utility's records and shall conduct the audit timely, 2 40 and issue a written report to both the municipality or 2 41 municipal utility and to the third party requesting 2 42 the audit. If the audit finds full compliance with 2 43 all provisions of this section, the third party shall 2 44 pay the reasonable actual costs of the audit. In all 2 45 other circumstances, the municipality or municipal 2 46 utility shall pay all actual costs of the audit. 2 473.4. This section shall not prohibit the 2 48 marketing or". 2 49 #12. By renumbering, redesignating, and correcting 2 50 internal references as necessary. 3 1 3 2 3 3 3 4 BOB BRUNKHORST 3 5 SF 404.201 80 3 6 jj/sh
Text: S03201 Text: S03203 Text: S03200 - S03299 Text: S Index Bills and Amendments: General Index Bill History: General Index
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