1. The board may establish, impose, adjust, and provide for the collection of rates to produce gross revenues at least sufficient topay the expenses of operation and maintenance ofthe county enterprise or combined county enterprise and, ifrevenue bonds or pledge orders are issued and outstanding under this part, shall establish, impose, adjust, and provide for the collection of rates to produce gross revenues at least sufficient to pay the expenses of operation and maintenance of the county enterprise or combined county enterprise, and to leave a balance ofnet revenuessufficientat alltimes to pay the principalof and interest on the revenue bonds and pledge orders as they become due and to maintain a reasonable reserve for the payment of the principal and interest, and a sufficientportion of net revenues shall be pledged for that purpose. Rates shall be established by ordinance. Rates or charges for the services of a county enterprise defined in section 331.461, subsection 2,paragraph “b”, ifnot paid as provided by ordinance, constitute a lien uponthe premises served and maybecertified tothe county treasurer and collected in the same manner as taxes. The treasurer may charge fivedollars for each lien certified as an administrative expense, which amount shall be added to the amount of the lien to be collected at the time of payment of the assessment from the payor and credited to the county general fund. 2. The board may: a. By ordinance establish, impose, adjust and provide for the collection of charges for connection to a county enterprise or combined county enterprise. b. Contract for the use of or services provided by a county enterprise or combined county enterprise with persons whose type or quantity of use or service isunusual. c. Lease for a period not to exceed fifteen years all or part of a county enterprise or combined county enterprise, ifthe lease will not reduce the net revenues to be produced by the county enterprise or combined county enterprise. d. Contract for a period not to exceed forty years with other governmental bodies for the use of or the services provided by the county enterprise or combined county enterprise on a wholesale basis. e. Contract for a period not to exceed forty years with persons including but not limited to other governmental bodies for the purchase or sale of water. [S81, §331.465; 81 Acts, ch 117, §464] Collectionoftaxes,seechapter445
‹ Prev All Iowa sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.