PocketLaw | Iowa Code | PORT AUTHORITIES

PORT AUTHORITIES

Checkout our iOS App for a better way to browser and research.

Definitions.

Creation and powers of port authority.

Appropriation and expenditure of public funds — dissolution.

Joining an existing port authority.

Membership of board of directors.

Civil immunity of directors.

Employees, advisory board, peace officers.

Area of jurisdiction.

Powers of port authority.

Participation of private enterprise.

Provisions do not affect other laws or powers.

Conveyance, lease, or exchange of public property.

Annual budget — use of rents and charges.

Secretary to furnish bond — deposit and disbursement of funds.

Limitation on certain powers of political subdivisions.

Rentals or charges for use or services of facilities — agreements with governmental agencies.

Contracts, arrangements, and agreements.

Revenue bonds are lawful investments.

Property tax exemption.

Loans for acquisition or construction of facility — sale of facility — power to encumber property.

Issuance of revenue and refunding bonds and pledge orders.

Bonds may be secured by trust agreement.

Remedy of holder of bond or coupon — statute of limitations.

Bonds are payable solely from revenues and funds pledged for payment.

Funds and property held in trust — use and deposit of funds.

Investment of excess funds.

Change in location of public way, railroad, or utility facility — vacation of highway.

Final actions to be recorded — annual report — confidentiality of information.

Provisions to be liberally construed.