2009 Iowa Code
Title 11 - Natural Resources
Subtitle 4 - Energy
CHAPTER 473 - ENERGY DEVELOPMENT AND CONSERVATION
473.20A - SELF-LIQUIDATING FINANCING.

        473.20A  SELF-LIQUIDATING FINANCING.
         1. a.  The office may facilitate financing agreements that may
      be entered into with political subdivisions of the state, school
      districts, area education agencies, community colleges, or nonprofit
      organizations to finance the costs of energy management improvements
      on a self-liquidating basis.  The provisions of section 473.20
      defining eligible energy management improvements apply to financings
      under this section.
         b.  The financing agreement may contain provisions, including
      interest, term, and obligations to make payments on the financing
      agreement beyond the current budget year, as may be acceptable to
      political subdivisions of the state, school districts, area education
      agencies, community colleges, or nonprofit organizations.
         c.  The office shall assist the treasurer of state with
      financing agreements entered into by the treasurer of state on behalf
      of state agencies pursuant to section 12.28 to finance energy
      management improvements being implemented by state agencies.
         2.  Political subdivisions of the state, school districts, area
      education agencies, community colleges, and nonprofit organizations
      may enter into financing agreements and issue obligations necessary
      to carry out the provisions of the chapter.  Chapter 75 shall not be
      applicable.  
         Section History: Recent Form
         87 Acts, ch 209, §3
         CS87, § 93.20A
         90 Acts, ch 1253, § 120; 91 Acts, ch 253, §9
         C93, § 473.20A
         2008 Acts, ch 1126, §30, 33; 2009 Acts, ch 108, §36, 41
         Referred to in § 298.3, 473.19

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