Iowa § 394.1 - 394.1 Authority to issue bonds — taxes.
Full text of Iowa Iowa Code § 394.1 — 394.1 Authority to issue bonds — taxes., with citation guidance and answers to common questions.
§ 394.1. 394.1 Authority to issue bonds — taxes.
1. Cities are hereby authorized to contract indebtedness and to issue general obligation bonds to provide funds to pay the cost of opening, establishing, constructing, improving, extending, or remodeling of a zoo or zoological garden and to construct, reconstruct, or repair any such improvement and to pay the cost of land needed for any of said purposes. 2. Taxes for the payment of said bonds shall be levied in accordance with chapter 76, and said bonds shall be payable through the debt service fund in not more than twenty years, and bear interest at a rate not exceeding that permitted by chapter 74A, and shall be of such form as the city council shall by resolution provide, but no city shall become indebted in excess of five percent of the actual value of the taxable property within said city, as shown by the last preceding state and county tax lists. The indebtedness incurred for the purpose provided in this section shall not be considered an indebtedness incurred for general or ordinary purposes. 3. This section shall be construed as granting additional power without limiting the power already existing in cities. 4. The provisions of this section shall be applicable to all municipal corporations regardless of form of government or manner of incorporation. [C75, 77, 79, 81, §394.1] 2017 Acts, ch 54, §76 Fri Dec 12 20:13:01 2025 Iowa Code 2026, Section 394.1 (19, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 394.1
What does Iowa Code § 394.1 cover?
Section 394.1 ("394.1 Authority to issue bonds — taxes.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 394.1?
A common citation format is "Iowa Code § 394.1" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 394.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.