313A.36 Purposes of powers granted.
The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of the state of Iowa, for the increase of their commerce and prosperity and for the improvement of their health and living conditions, and as the acquisition, construction, operation, and maintenance by the department of the projects herein defined will constitute the performance of essential governmental functions, the department shall not be required to pay any taxes or assessments upon such projects or upon any property acquired or used by the department under the provisions of this chapter or upon the income from such projects, and the bonds issued under the provisions of this chapter, their transfer and the income therefrom including any profit made on the sale thereof shall at all times be free from taxation by or within the state of Iowa.
[C71, 73, 75, 77, 79, 81, §313A.36]
Referred to in §422.7(2)(o)
Structure Iowa Code
Chapter 313A - INTERSTATE BRIDGES
Section 313A.2 - Bridge to be controlled by department.
Section 313A.3 - Toll bridges constructed over boundary rivers.
Section 313A.4 - Investigation of feasibility.
Section 313A.5 - Acquiring existing bridge — bonds.
Section 313A.6 - Rules adopted — financial statements.
Section 313A.7 - Resolution of public interest and necessity — revenue bonds.
Section 313A.8 - Right-of-way secured.
Section 313A.9 - Consent to cross state property.
Section 313A.10 - Resolution precedent to action.
Section 313A.11 - Payment from available funds.
Section 313A.12 - Revenue bonds.
Section 313A.13 - Sale and exchange or retirement of bonds.
Section 313A.14 - Proceeds in trust fund.
Section 313A.15 - Toll revenue fund.
Section 313A.16 - Funds transferred to place of payment.
Section 313A.17 - Warrants for payment.
Section 313A.18 - Depositaries or paying agents.
Section 313A.19 - Expenses of department.
Section 313A.20 - No diminution of duties while bonds outstanding.
Section 313A.21 - Insurance or indemnity bond.
Section 313A.22 - Toll charges fixed by department.
Section 313A.23 - Political subdivision may aid.
Section 313A.24 - Sale of excess land to political subdivisions.
Section 313A.25 - Sale to public.
Section 313A.26 - Acceptance or rejection of bids.
Section 313A.27 - Franchises for use of bridge.
Section 313A.28 - Deposit of proceeds.
Section 313A.29 - Tolls imposed for improving other bridges.
Section 313A.30 - Bridges as part of primary roads.
Section 313A.31 - Revenue bonds.
Section 313A.32 - Operation and control of bridge.
Section 313A.33 - No obligation of state.
Section 313A.34 - Agreements with other states.
Section 313A.36 - Purposes of powers granted.
Section 313A.37 - Failure to pay toll — penalty.