COMPILED CODE - Iowa Legislature - State of Iowa

299
Tit. XIII, Ch. 41. CITIES UNDER SPECIAL CHARTERS. § 4423.
34 4. Fire fund. A tax not exceeding five mills on the dollar for
35 the purpose of creating a city fire fund, to be used for paying the ex-
36 penses of organizing, keeping and maintaining a fire department, in-
37 eluding the expenses of constructing, purchasing, leasing and main-
38 taining the proper and necessary buildings, grounds and apparatus
39 therefor; provided that where a paid fire department is maintained,
40 all money derived from the sale of any buildings, grounds or apparatus
41 of such fire department which was originally paid for out of the fire
42 fund, shall belong to said fire fund.
43 5. Road fund. When any city is divided into road districts, a
44 tax not exceeding two mills on the dollar on all taxable property in
45 such road district, to be known as the district road fund, and to be
46 used only to pay the cost of cleaning, sprinkling and repairing the
47 streets and public places in such district.
48 6. Library tax. , In cities which have established, or may estab-
49 lish, a free public library, a tax as provided in section thirty-seven
50 hundred fifty-eight of this supplement.
51 7. Tax for water and gas works and electric plants. A tax not
52 exceeding five mills on the dollar, which, with the rates, rents or reve-
53 nues derived therefrom, shall be sufficient to pay the expenses of run-
54 ning, operating and repairing, water and gas works, electric light and
55 power plants, owned and operated by such city, and the interest on or
56 principal of any bonds issued to pay the cost of the construction of
57 such works ; but such taxes shall not be levied upon the property which
58 lies wholly without the limits of the benefits or protection of such
59 works or plants, which limit shall be fixed by the council each year
60 before making the levy.
61 8. Tax for water, gas and electric light or power. A tax, not
62 exceeding five mills on the dollar for the purpose of paying the amount
63 due, or to become due, to any individual or company operating water
64 or gas works or electric light power plants, for water, light, gas or
65 power supplied to the city, the levy to be limited to the property bene-
66 fited thereby.
67 9. Bond fund. A tax for the purpose of creating a bond fund
68 sufficient to pay the interest, to accrue before the next annual levy,
69 on funding or refunding bonds outstanding, and to pay the principal
70 of such funding or refunding bonds. In case of such bonds, the levy
71 shall be so made that, dividing the principal into as many parts as the
72 bonds have years to run, not less than one such part shall be levied
73 each year, and shall be made so that the fund derived therefrom shall
74 be available and sufficient to pay the bonds at their maturity.
75 10. Water and gas or electric light and power bonds. A tax to
76 be used exclusively in payment of the principal and interest of bonds
77 issued for the construction of water and gas works, electric light and
78 power plants, and which shall be levied in the manner provided in
79 the preceding subdivision.
80 11. Park tax. A tax not exceeding two mills on the dollar, as
81 authorized by the vote of the electors, to purchase, improve and main-
82 tain public parks in such city.
83 12. Special bridge tax. A special tax to aid in the construction
84 of bridges, when such tax has been voted by the electors of the city
85 under the provisions of section thirty-seven hundred eighty-seven of
86 the compiled code.