Iowa Code (Last Updated: December 05, 2016) |
Title IX. LOCAL GOVERNMENT |
Chapter 390. JOINT ELECTRICAL UTILITIES |
Section 390.2. Additional power.
Latest version.
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In addition to other powers conferred by the Constitution and laws of this state, any city having established a utility which operates an existing electric generating facility or distribution system may enter into and carry out joint agreements with other participants for the acquisition of ownership of an undivided interest in a joint facility and for the planning, financing, operation and maintenance of the joint facility.
[C75, 77, 79, 81, §390.2]