28J.16 - RENTALS OR CHARGES FOR USE OR SERVICES OF FACILITIES -- AGREEMENTS WITH GOVERNMENTAL AGENCIES.

        28J.16  RENTALS OR CHARGES FOR USE OR SERVICES OF
      FACILITIES -- AGREEMENTS WITH GOVERNMENTAL AGENCIES.
         1. a.  A port authority may charge, alter, and collect rental
      fees or other charges for the use or services of any port authority
      facility and contract for the use or services of a facility, and fix
      the terms, conditions, rental fees, or other charges for the use or
      services.
         b.  If the services are furnished in the jurisdiction of the
      port authority by a utility company or a common carrier, the port
      authority's charges for the services shall not be less than the
      charges established for the same services furnished by a utility
      company or common carrier in the port authority jurisdiction.
         c.  The rental fees or other charges shall not be subject to
      supervision or regulation by any other authority, commission, board,
      bureau, or governmental agency of the state and the contract may
      provide for acquisition of all or any part of the port authority
      facility for such consideration payable over the period of the
      contract or otherwise as the port authority determines to be
      appropriate, but subject to the provisions of any resolution
      authorizing the issuance of port authority revenue bonds or any trust
      agreement securing the bonds.
         d.  A governmental agency that has power to construct,
      operate, and maintain a port authority facility may enter into a
      contract or lease with a port authority for the use or services of a
      port authority facility as may be agreed to by the port authority and
      the governmental agency.
         2. a.  A governmental agency may cooperate with the port
      authority in the acquisition or construction of a port authority
      facility and shall enter into such agreements with the port authority
      as may be appropriate, which shall provide for contributions by the
      parties in a proportion as may be agreed upon and other terms as may
      be mutually satisfactory to the parties including the authorization
      of the construction of the facility by one of the parties acting as
      agent for all of the parties and the ownership and control of the
      facility by the port authority to the extent necessary or
      appropriate.
         b.  A governmental agency may provide funds for the payment of
      any contribution required under such agreements by the levy of taxes
      or assessments if otherwise authorized by the laws governing the
      governmental agency in the construction of the type of port authority
      facility provided for in the agreements, and may pay the proceeds
      from the collection of the taxes or assessments; or the governmental
      agency may issue bonds or notes, if authorized by law, in
      anticipation of the collection of the taxes or assessments, and may
      pay the proceeds of the bonds or notes to the port authority pursuant
      to such agreements.
         c.  A governmental agency may provide the funds for the
      payment of a contribution by the appropriation of moneys or, if
      otherwise authorized by law, by the issuance of bonds or notes and
      may pay the appropriated moneys or the proceeds of the bonds or notes
      to the port authority pursuant to such agreements.
         3.  When the contribution of any governmental agency is to be made
      over a period of time from the proceeds of the collection of special
      assessments, the interest accrued and to accrue before the first
      installment of the assessments is collected, which is payable by the
      governmental agency on the contribution under the terms and
      provisions of the agreements, shall be treated as part of the cost of
      the improvement for which the assessments are levied, and that
      portion of the assessments that is collected in installments shall
      bear interest at the same rate as the governmental agency is
      obligated to pay on the contribution under the terms and provisions
      of the agreements and for the same period of time as the contribution
      is to be made under the agreements.  If the assessment or any
      installment thereof is not paid when due, it shall bear interest
      until the payment thereof at the same rate as the contribution and
      the county auditor shall annually place on the tax list and duplicate
      the interest applicable to the assessment and the penalty thereon as
      otherwise authorized by law.
         4.  A governmental agency, pursuant to a favorable vote in an
      election regarding issuing bonds to provide funds to acquire,
      construct, or equip, or provide real estate and interests in real
      estate for a port authority facility, whether or not the governmental
      agency at the time of the election had the authority to pay the
      proceeds from the bonds or notes issued in anticipation of the bonds
      to the port authority as provided in this section, may issue such
      bonds or notes in anticipation of the issuance of the bonds and pay
      the proceeds of the bonds or notes to the port authority in
      accordance with an agreement with the port authority; provided, that
      the legislative authority of the governmental agency finds and
      determines that the port authority facility to be acquired or
      constructed in cooperation with the governmental agency will serve
      the same public purpose and meet substantially the same public need
      as the facility otherwise proposed to be acquired or constructed by
      the governmental agency with the proceeds of the bonds and notes.  
         Section History: Recent Form

         2005 Acts, ch 150, §104
         Referred to in § 28J.9