123.154 - PROJECT -- REVENUE BONDS.
123.154 PROJECT -- REVENUE BONDS.
On behalf of the state, the commission shall carry out a project,
issue revenue bonds in an amount not to exceed four million dollars
to pay all or part of the cost of the project, or refund at or before
maturity a like principal amount of revenue bonds or other
obligations issued under this division and sell revenue bonds at
public or private sale in the discretion of the commission. The cost
of the project may include interest on the bonds during construction
and for one year after completion, costs of sale and issuance of
bonds, professional services and provision for contingencies. Section History: Early Form
[C81, § 123.154]