315.6 - FUNDING OF PROJECTS.

        315.6  FUNDING OF PROJECTS.         1.  Qualifying projects may be funded as follows:         a.  Primary road and state park road projects may be financed      entirely by the fund, or by combining money from the fund with money      from the primary road fund, federal aid primary funds received by the      state, money from cities or counties raised through the sale of      general obligation bonds of the cities or counties, other city or      county revenues, or money from participating private parties.         b.  Secondary road, state park road, and county conservation      parkway projects may be funded entirely by the fund or by combining      money from the fund with money from the county's portion of road use      tax funds, federal aid secondary funds, other county revenues, money      raised through the sale of general obligation bonds of the county, or      money from participating private parties.         c.  City street and state park road projects may be funded      entirely by the fund, or by combining money from the fund with money      from the city's portion of road use tax funds, federal aid urban      system funds, other municipal revenues, money raised through the sale      of general obligation bonds of the city, or money from participating      private parties.         2.  A county or city may, at its option, apply moneys allocated      for use on secondary road or city street projects under section      315.4, subsection 1, paragraph "b" or "c", toward qualifying      primary road, state park road, and county conservation parkway      projects.  
         Section History: Recent Form
         85 Acts, ch 231, §7; 87 Acts, ch 172, § 1