357D.11 Bonds in anticipation of revenue.
A district may anticipate the collection of taxes by the levy authorized in this chapter, and to carry out the purposes of this chapter may issue bonds payable in not more than ten equal installments with the rate of interest not exceeding that permitted by chapter 74A. An indebtedness shall not be incurred under this chapter until authorized by an election. The election shall be held and notice given in the same manner as provided in section 357D.8, and the same sixty percent vote shall be necessary to authorize indebtedness. Both propositions may be submitted to the voters at the same election.
[82 Acts, ch 1174, §11]
Structure Iowa Code
Chapter 357D - LAW ENFORCEMENT DISTRICTS
Section 357D.2 - Petition for public hearing.
Section 357D.3 - Limitation on area.
Section 357D.4 - Time of hearing.
Section 357D.5 - Action by board.
Section 357D.7 - Hearing on engineer’s report.
Section 357D.8 - Election on proposed levy and candidates for trustees.
Section 357D.9 - Trustees — term and qualification.
Section 357D.10 - Trustees’ powers.
Section 357D.11 - Bonds in anticipation of revenue.
Section 357D.12 - Dissolution of district.
Section 357D.13 - Incorporation of district land.