275.54 - HEARING.

        275.54  HEARING.
         1.  Within ten days following the filing of the dissolution
      proposal with the board, the board shall fix a date for a hearing on
      the proposal which shall not be more than sixty days after the
      dissolution petition was filed with the board.  The board shall
      publish notice of the date, time, and location of the hearing at
      least ten days prior to the date of the hearing by one publication in
      a newspaper in general circulation in the district.  The notice shall
      include the content of the dissolution proposal.  A person residing
      or owning land in the school district may present evidence and
      arguments at the hearing.  The president of the board shall preside
      at the hearing.  The board shall review testimony from the hearing
      and shall adopt or amend and adopt the dissolution proposal.
         2.  The board shall notify the boards of directors of all school
      districts to which area of the affected school district will be
      attached and the director of the department of education of the
      contents of the dissolution proposal adopted by the board.  The
      notification shall be delivered using one of the following methods:
         a.  Mail bearing a United States postal service postmark.
         b.  Hand delivery.
         c.  Facsimile transmission.
         d.  Electronic delivery.
         3.  If the board of a district to which area of the affected
      school district will be attached objects to the attachment, that
      portion of the dissolution proposal will not be included in the
      proposal voted upon under section 275.55 and the director of the
      department of education shall attach the area to a contiguous school
      district.
         4.  If the board of a district to which area of the affected
      school district will be attached objects to the division of assets
      and liabilities contained in the dissolution proposal, the matter
      shall be decided by a panel of disinterested arbitrators.  The panel
      shall consist of one arbitrator selected by each affected district
      objecting to the provisions of the dissolution proposal, one selected
      by each affected district in favor of the provisions of the
      dissolution proposal, and one selected by each dissolving district.
      If the number of arbitrators selected is even, a disinterested
      arbitrator shall be selected by the administrator of the area
      education agency to which the dissolving district or districts
      belong.  The decision of the arbitrators shall be made in writing and
      filed with the secretary of the new corporation.  A party to the
      proceedings may appeal the decision to the district court by serving
      notice on the secretary of the new school corporation within twenty
      days after the decision is filed.  The appeal shall be tried in
      equity and a decree entered determining the entire matter, including
      the levy, collection, and distribution of any necessary taxes.
         5.  If a dissolution proposal adopted by a board contains
      provisions that ninety-five percent or more of the taxable valuation
      of the dissolving district would be assumed and attached to a single
      school district, the dissolving school district shall cease further
      proceedings to dissolve and shall comply with reorganization
      procedures specified in this chapter.  
         Section History: Early Form
         [C81, § 275.54] 
         Section History: Recent Form
         86 Acts, ch 1245, § 1465; 2009 Acts, ch 50, §4