330A.7 - WITHDRAWAL.

        330A.7  WITHDRAWAL.         1.  One or more of the member municipalities may withdraw from the      authority, except that a municipality shall not withdraw after any      obligations have been incurred by the authority unless satisfactory      provision has been made by the withdrawing municipality for the      payment of its portion of the outstanding obligations.  If an      authority has been created pursuant to this chapter, a municipality      which did not join in the original agreement may subsequently join      the authority with the approval of the member municipalities.         2.  A municipality wishing to withdraw from or to become a member      of an existing authority shall signify its intention by resolution      and shall publish the resolution at least one time in a newspaper of      general circulation in the municipality giving notice of a hearing to      be held on the question of withdrawing or joining and its intention      to withdraw or join.  The resolution shall be published at least      fourteen days prior to the date of the hearing.  A withdrawing      municipality shall state in the resolution how it intends to pay its      portion of the outstanding obligations of the authority, if any.  A      joining municipality shall state in the resolution the information      required in section 330A.6.  A copy of the resolution shall be      certified to the authority by the municipality at least fourteen days      in advance of the hearing.  The board shall by resolution indicate      whether a satisfactory provision has been made for the payment of the      outstanding obligations of the authority, as required under      subsection 1.  After the hearing and if the outstanding obligations      of the authority have been adequately provided for by the      municipality, the municipality may enact an ordinance to withdraw      from or join the authority.         3.  An application to withdraw or join shall be submitted to the      authority and shall in all cases be executed by the proper officers      of the withdrawing or incoming municipality under its municipal seal      and accompanied by a certified copy of the authorizing ordinance, and      shall be joined in by the proper officers of the governing body of      the authority.         4.  A municipality that joins initially or subsequently or      withdraws shall file notice of such joining or withdrawal with the      secretary of state and the county recorder in which such municipality      is located.  Upon its creation, the authority shall file with the      secretary of state and with the county recorder wherein each      municipality or part thereof is located a copy of the agreement      creating the authority.  
         Section History: Early Form
         [C71, 73, 75, 77, 79, 81, § 330A.7] 
         Section History: Recent Form
         89 Acts, ch 182, § 6