357G.11 Bonds in anticipation of revenue.
A district may anticipate the collection of taxes 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 357G.8, and a sixty percent vote shall be necessary to authorize indebtedness. Both propositions may be submitted to the voters at the same election.
94 Acts, ch 1075, §11; 2021 Acts, ch 174, §54
Section amended
Structure Iowa Code
Chapter 357G - CITY EMERGENCY MEDICAL SERVICES DISTRICTS
Section 357G.2 - Petition for public hearing.
Section 357G.3 - Limitation on area.
Section 357G.4 - Time of hearing.
Section 357G.5 - Action by council.
Section 357G.7 - Hearing on engineer’s report.
Section 357G.8 - Election on proposed levy and candidates for trustees.
Section 357G.9 - Trustees — term and qualification.
Section 357G.10 - Trustees’ powers.
Section 357G.11 - Bonds in anticipation of revenue.
Section 357G.12 - Dissolution of district.