House Journal: Page 475: Tuesday, March 4, 2003
21 subsection 3, and shall deposit and expend moneys in
22 the fund for the development of plans for, development
23 of, and purchase of lands adjacent to the Missouri
24 river and for annual payment of property taxes on any
25 land purchased. The county treasurer shall certify
26 the amount of taxes due the authority. The assessed
27 value of the property held by the authority shall be
28 that value determined under section 427.1, subsection
29 18, and the authority may protest the assessed value
30 in the manner provided by law for any property owner
31 to protest an assessment. For purposes of chapter
32 257, the assessed value of any property which was
33 acquired by the authority shall be included in the
34 valuation base of the school district and the payments
35 made by the authority shall be considered as property
36 tax revenues and not as miscellaneous income. The
37 expenditure of funds may include, but is not limited
38 to, use of moneys from the Missouri river preservation
39 and land use fund to match funds from state, federal,
40 and private resources.
41 e. The title to all property purchased by the
42 authority shall be taken in the name of the state, but
43 land shall not be acquired through condemnation
44 proceedings and all purchases shall be from willing
45 sellers. The authority may transfer jurisdiction over
46 any lands the authority acquires to the department of
47 natural resources, or may enter into agreements with
48 the department or the appropriate county conservation
49 board, for the management of the lands. All lands
50 purchased shall be for public use, and not for private
Page 3
1 commercial purposes, but the authority may permit the
2 expenditure of private funds for the improvement of
3 land or water adjacent to or purchased by the
4 authority. All surveys and plats of lands purchased
5 by the authority shall be filed in the manner provided
6 in section 461A.22. Land purchased by the authority
7 shall be managed and policed in the manner provided
8 under agreements between the authority and the agency
9 responsible for management of the property, except
10 that, subject to the restrictions contained in chapter
11 455B, the authority shall not be required to obtain
12 the prior permission of the natural resource
13 commission when using private funds to establish land
14 or water recreational areas, and any property
15 purchased by the authority shall not be sold without
16 the prior notification and consent of the authority.
17 3. MISSOURI RIVER PRESERVATION AND LAND USE FUND.
18 A Missouri river preservation and land use fund is
19 established in the office of treasurer of state, to be
© 2003 Cornell College and
League of Women Voters of Iowa
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