28J.2 Creation and powers of port authority.
1. Two or more political subdivisions may create a port authority under this chapter by resolution. If a proposal to create a port authority receives a favorable majority of the members of the elected legislative body of each of the political subdivisions, the port authority is created at the time provided in the resolution. The jurisdiction of a port authority includes the territory described in section 28J.8.
2. A port authority created pursuant to this section may sue and be sued, complain, and defend in its name and has the powers and jurisdiction enumerated in this chapter.
3. At the time a port authority is created pursuant to this section, the political subdivisions comprising the port authority may restrict the powers granted the port authority pursuant to this chapter by specifically adopting such restrictions in the resolution creating the port authority.
4. The political subdivisions comprising the port authority whose powers have been restricted pursuant to subsection 3 may at any time adopt a resolution to grant additional powers to the port authority, so long as the additional powers do not exceed the powers permitted under this chapter.
2005 Acts, ch 150, §90; 2006 Acts, ch 1010, §16
Referred to in §28J.1, 28J.5, 28J.11, 28J.15, 427.1(34)
Structure Iowa Code
Title I - STATE SOVEREIGNTY AND MANAGEMENT
Chapter 28J - PORT AUTHORITIES
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.17 - Contracts, arrangements, and agreements.
Section 28J.18 - Revenue bonds are lawful investments.
Section 28J.19 - Property tax exemption.
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.28 - Final actions to be recorded — annual report — confidentiality of information.