Senate
File
620
-
Introduced
SENATE
FILE
620
BY
COMMITTEE
ON
WAYS
AND
MEANS
(SUCCESSOR
TO
SSB
1184)
A
BILL
FOR
An
Act
relating
to
the
procedure
for
disposal
of
certain
city
1
utilities
by
sale.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
TLSB
2574SV
(3)
88
gh/rn
S.F.
620
Section
1.
Section
388.2A,
subsection
2,
paragraph
a,
Code
1
2019,
is
amended
by
adding
the
following
new
subparagraph:
2
NEW
SUBPARAGRAPH
.
(3)
Notwithstanding
subparagraph
(1),
3
the
governing
body
of
a
city
which
has
a
population
between
4
two
thousand
and
three
thousand,
according
to
the
2010
federal
5
decennial
census,
shall
not
be
required
to
obtain
appraisals
6
pursuant
to
this
paragraph
for
the
disposal
by
sale
of
a
7
city
utility
providing
telecommunications
services.
This
8
subparagraph
is
repealed
July
1,
2022.
9
EXPLANATION
10
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
11
the
explanation’s
substance
by
the
members
of
the
general
assembly.
12
Current
law
establishes
a
procedure
for
the
governing
13
body
of
a
city
to
dispose
of
a
city
utility
by
sale.
The
14
procedure
requires
the
governing
body
to
obtain
two
separate
15
appraisals
of
the
city
utility
system
to
determine
its
fair
16
market
value.
This
bill
provides
that
a
governing
body
of
17
a
city
with
a
population
between
2,000
and
3,000
according
18
to
the
2010
federal
decennial
census
shall
not
be
required
19
to
obtain
appraisals
to
dispose
of
a
city
utility
providing
20
telecommunication
services
by
sale.
21
The
bill
is
repealed
July
1,
2022.
22
-1-
LSB
2574SV
(3)
88
gh/rn
1/
1