28A.25 - DISSOLUTION -- REFERENDUM.
28A.25 DISSOLUTION -- REFERENDUM.
1. The authority shall be dissolved only by a majority vote in a
referendum undertaken in a manner similar to the referendum provided
for in section 28A.6. The board shall call, upon its own motion, by
petition of the eligible electors as provided in section 28A.5, or by
action of the governing body of either metropolitan area, for an
election to approve or disapprove the dissolution of the authority.
2. The proposition is approved if the vote in favor of the
proposition is a simple majority of the total votes cast on the
proposition in either one of the metropolitan areas.
3. The authority shall provide by ordinance for the disposal of
any remaining property, the proceeds of which shall first be applied
against any outstanding obligation of the authority. The remaining
balance shall be divided between the counties included in the
authority and credited to the general fund of the respective
counties. Section History: Recent Form
91 Acts, ch 198, §24
CS91, § 330B.25
C93, § 28A.25