Iowa Code 309.47 – Anticipatory resolution
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Certificates issued under this subchapter shall be authorized by a duly adopted resolution which shall specify all of the following:
1. The secondary road funds, specifying the year or years, which are to be anticipated.
Terms Used In Iowa Code 309.47
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- road: include public bridges, and may be held equivalent to the words "county way" "county road" "common road" and "state road". See Iowa Code 4.1
- year: means twelve consecutive months. See Iowa Code 4.1
2. The amount of certificates authorized.
3. The denomination of each certificate.
4. The rate of interest which each certificate shall bear which shall not exceed that permitted by chapter 74A, payable annually.
5. The authorization of the chairperson of the board of supervisors and of the county auditor, respectively, to sign and countersign such certificates.