Title IX, LOCAL GOVERNMENT (Ch. 331 - 420)

1. The board of directors of an electric power agency, by resolution, may authorize the issuance of public bonds or obligations of the electric power agency. 2. The public bonds or obligations may be issued in one or more series under the resolution or under a trust indenture or …

1. The principal of and interest on any public bonds or obligations issued by an electric power agency shall be payable solely from the revenues or funds pledged or available for their payment as authorized in this subchapter . 2. Each public bond or obligation shall contain all …

1. Except as otherwise expressly provided by this subchapter or by the electric power agency, every issue of public bonds or obligations of the electric power agency shall be payable out of any revenues or funds of the electric power agency, subject only to any agreements with th…

Public bonds or obligations of an electric power agency may be issued under this subchapter , and rents, rates, and charges may be established in the same manner as provided in section 28F.5 and pledged for the security of public bonds or obligations and interest and redemption p…

All public bonds or obligations of an electric power agency shall be negotiable within the meaning and for all of the purposes of the uniform commercial code, chapter 554 , subject only to the registration requirement of section 76.10 . 2001 Acts, 1st Ex, ch 4, §25, 36 CS2001, §4…

1. Any public bonds or obligations may be issued and delivered, notwithstanding that one or more of the officers executing them shall have ceased to hold office at the time when the public bonds or obligations are actually delivered. 2. Pending preparation of definitive bonds or …

Public bonds or obligations of an electric power agency may be sold at public or private sale for a price and in a manner determined by the electric power agency. 2001 Acts, 1st Ex, ch 4, §27, 36 CS2001, §476A.30 2010 Acts, ch 1018, §17 C2011, §390.19

In addition to other powers conferred by the Constitution and laws of this state, any city having established a utility which operates an existing electric generating facility or distribution system may enter into and carry out joint agreements with other participants for the acq…

The following persons may legally invest any debt service funds, money, or other funds belonging to such person or within such person’s control in any public bonds or obligations issued pursuant to this subchapter : 1. A bank, trust company, savings association, or investment com…

The resolution, trust indenture, or other security agreement under which any public bonds or obligations are issued shall constitute a contract with the holders of the public bonds or obligations, and may contain provisions, among others, prescribing any of the following terms: 1…

For the security of public bonds or obligations issued or to be issued by an electric power agency, the electric power agency may mortgage or execute deeds of trust of the whole or any part of its property. 2001 Acts, 1st Ex, ch 4, §30, 36 CS2001, §476A.33 2010 Acts, ch 1018, §20…

An official, director, member of an electric power agency, or any person executing public bonds or obligations shall not be liable personally on the public bonds or obligations or be subject to any personal liability or accountability by reason of the issuance of such public bond…

An electric power agency may purchase public bonds or obligations out of any funds available for such purchase, and hold, pledge, cancel, or resell the public bonds or obligations, subject to and in accordance with any agreements with the holders. 2001 Acts, 1st Ex, ch 4, §32, 36…

An electric power agency may pledge its rates, rents, and other revenues, or any part of such rates, rents, and revenues, as security for the repayment, with interest and redemption premiums, if any, of the moneys borrowed by the electric power agency or advanced to the electric …

1. Before a city may enter into or amend a joint agreement, the governing body shall adopt a proposed form of agreement and give notice and conduct a public hearing on the agreement in the manner provided by sections 73A.1 through 73A.11 , which action shall be subject to appeal …

In substance, a joint agreement shall: 1. Provide that each participant shall own an undivided interest in the joint facility, the interest being equal to the percentage of the money furnished, value of property furnished, or services rendered by each participant toward the total…

A city may finance its share of the cost of a joint facility by the use of any method of financing available for city utilities under the statutes of this state, for the financing of electric generation or transmission facilities to be owned by a city in their entirety, including…

This chapter being necessary for the public health, public safety and general welfare, shall be liberally construed to effectuate its purposes. This chapter shall be construed as providing a separate and independent method for accomplishing its purposes, and except as provided or…

The provisions of 1975 Iowa Acts, ch. 199, are retroactive in application to all joint agreements entered into and executed prior to July 1, 1975, under this chapter , on behalf of cities which, on the date of executing the agreements, operated existing electric generating or dis…

In addition to the powers conferred upon a city elsewhere in this chapter , any city operating a city electric utility on January 1, 2003, may enter into agreements with and acquire equity interests in independent transmission companies or similar independent transmission entitie…

In addition to the powers conferred upon a city or electric power agency elsewhere in this chapter , a city or electric power agency may acquire ownership interest in a transmission facility, including ownership of the capacity of such facility, within this state or in any other …

For purposes of this subchapter , unless the context otherwise requires: 1. “Electric power agency” means an entity financing or acquiring an electric power facility pursuant to this chapter , chapter 28E , or chapter 28F . An electric power agency may be organized as a nonprofit…