In addition to any other powers granted by law in relation to a water project, the Economic and Community Development Department may:
(1) Make all contracts, execute all instruments and do all things necessary or convenient for the exercise of the powers granted by this section, or for the performance of its covenants or duties, or in order to secure the payment of its bonds;
(2) Enter into and perform such contracts and agreements with municipalities as the department may consider proper and feasible for or concerning the planning, construction, installation, lease or other acquisition, and the financing of water projects; and
(3) Enter into covenants for the benefit of bond owners regarding the use and expenditure of moneys in the Water Fund. [Formerly 285.958; 2007 c.783 §109]
Section: Previous 285B.563 285B.566 285B.569 285B.572 285B.575 285B.578 285B.581 285B.584 285B.587 285B.590 285B.593 285B.596 285B.599 285B.650 285B.653 NextLast modified: August 7, 2008