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2009 Iowa Code
Title 8 - Transportation
Subtitle 1 - Highways and Waterways
CHAPTER 313A - INTERSTATE BRIDGES
313A.26 - ACCEPTANCE OR REJECTION OF BIDS.

        313A.26  ACCEPTANCE OR REJECTION OF BIDS.
         The department may reject all such bids if the highest bid does
      not equal the reasonable fair market value of the real property, plus
      the value of the improvements thereon, computed on the basis of the
      reproduction value less depreciation.  The department may accept the
      highest and best bid, and certify the agreement for the sale to the
      state executive council, with a description of the land and the terms
      of the sale and the state executive council shall execute the deed
      and deliver it to the grantee.
         Section History: Early Form
         [C71, 73, 75, 77, 79, 81, § 313A.26]
         Referred to in § 313A.28

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