257B.6 - SALE WITHOUT APPRAISEMENT.
257B.6 SALE WITHOUT APPRAISEMENT.
When the county board of supervisors has once offered for sale
school lands held under section 257B.1A in compliance with the
requirements of this chapter, and they remain unsold, and it is
unable to obtain the appraised value of the lands and, in the opinion
of the board, it is for the best interests of the permanent school
fund that the lands be sold for a less price, it may instruct the
auditor to transmit to the secretary of state a certified copy of its
proceedings in relation to the order of sale of the land and
subsequent proceedings in relation to the sale, including the action
of the township trustees, and the price per acre at which the land
had been appraised. The secretary of state shall submit the
transcript of the proceedings to the executive council; and if it
approves of a sale at a less sum, it shall certify the approval to
the auditor of the county from which the transcript came. The
certificate shall be recorded in the minute book of the board of
supervisors, and the land may again be offered and sold to the
highest bidder without again being appraised, after notice given as
in case of sales in the first instance. Section History: Early Form
[C73, § 1849; C97, § 2842; C24, 27, 31, 35, 39, § 4474; C46,
50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 302.6] Section History: Recent Form
83 Acts, ch 185, § 10, 62
C93, § 257B.6