468.590  Cities subject to debt service tax levy--rates.

If a county and city have entered into a joint agreement pursuant to chapter 28E to create a district and issue county general obligation bonds to fund the costs of a drainage improvement in that district, the county's debt service tax levy for the county general obligation bonds shall not be levied against property located in any city except a city which has entered into the joint agreement.

The county and the cities entering into the joint agreement may provide in the joint agreement for a different rate of the county's debt service tax levy against property in unincorporated areas of the county and property within those cities.

Section History: Recent form

  85 Acts, ch 144, § 1

  CS85, § 331.490

  89 Acts, ch 126, § 2

  CS89, § 468.590


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