Iowa Code
Chapter 28J - PORT AUTHORITIES
Section 28J.12 - Conveyance, lease, or exchange of public property.

28J.12 Conveyance, lease, or exchange of public property.
A port authority may convey or lease, lease with an option to purchase, or exchange with any governmental agency or other port authority without competitive bidding and on mutually agreeable terms, any personal or real property, or any interest therein.
2005 Acts, ch 150, §100

Structure Iowa Code

Iowa Code

Title I - STATE SOVEREIGNTY AND MANAGEMENT

Chapter 28J - PORT AUTHORITIES

Section 28J.1 - Definitions.

Section 28J.2 - Creation and powers of port authority.

Section 28J.3 - Appropriation and expenditure of public funds — dissolution.

Section 28J.4 - Joining an existing port authority.

Section 28J.5 - Membership of board of directors.

Section 28J.6 - Civil immunity of directors.

Section 28J.7 - Employees, advisory board, peace officers.

Section 28J.8 - Area of jurisdiction.

Section 28J.9 - Powers of port authority.

Section 28J.10 - Participation of private enterprise.

Section 28J.11 - Provisions do not affect other laws or powers.

Section 28J.12 - Conveyance, lease, or exchange of public property.

Section 28J.13 - Annual budget — use of rents and charges.

Section 28J.14 - Secretary to furnish bond — deposit and disbursement of funds.

Section 28J.15 - Limitation on certain powers of political subdivisions.

Section 28J.16 - Rentals or charges for use or services of facilities — agreements with governmental agencies.

Section 28J.17 - Contracts, arrangements, and agreements.

Section 28J.18 - Revenue bonds are lawful investments.

Section 28J.19 - Property tax exemption.

Section 28J.20 - Loans for acquisition or construction of facility — sale of facility — power to encumber property.

Section 28J.21 - Issuance of revenue and refunding bonds and pledge orders.

Section 28J.22 - Bonds may be secured by trust agreement.

Section 28J.23 - Remedy of holder of bond or coupon — statute of limitations.

Section 28J.24 - Bonds are payable solely from revenues and funds pledged for payment.

Section 28J.25 - Funds and property held in trust — use and deposit of funds.

Section 28J.26 - Investment of excess funds.

Section 28J.27 - Change in location of public way, railroad, or utility facility — vacation of highway.

Section 28J.28 - Final actions to be recorded — annual report — confidentiality of information.

Section 28J.29 - Provisions to be liberally construed.