419.16 Intent of law.
In order to provide available alternatives to enable municipalities to accomplish the purposes of this chapter in the manner deemed most advisable by their governing bodies, it is the intent of this chapter that a lessee or contracting party under a sale contract or loan agreement is not required to be the eventual user of a project, provided that the use of the project is consistent with the purposes of this chapter.
[C75, 77, 79, 81, §419.16]
83 Acts, ch 90, §29
Structure Iowa Code
Chapter 419 - MUNICIPAL SUPPORT OF PROJECTS
Section 419.3 - Bonds as limited obligations.
Section 419.4 - Pledge of revenues.
Section 419.5 - Determination of rent.
Section 419.6 - Refunding bonds.
Section 419.7 - Application of proceeds limited.
Section 419.8 - No payment by municipality.
Section 419.9 - Public hearing.
Section 419.11 - Tax equivalent to be paid — assessment procedure — appeal.
Section 419.13 - Exception to budget law and certain bond provisions.
Section 419.14 - Eminent domain not available.
Section 419.15 - Limitation of actions.
Section 419.16 - Intent of law.
Section 419.17 - Revenue bonds issued.
Section 419.18 - Grain and soybean storage facilities — bonds issued.