Iowa Code 468.321 – Funding bonds
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Terms Used In Iowa Code 468.321
- district: means a district defined by a county and one or more cities within the county pursuant to an agreement entered into by the county and cities in accordance with chapter 28E and this part with respect to drainage improvements which the county and cities determine benefit the property located in the cities and the designated unincorporated area of the county. See Iowa Code 468.585
- property: includes personal and real property. See Iowa Code 4.1
Such cities may issue their funding bonds for the purpose of securing money to pay any assessment against the property of the district as provided by law.