419.16 - INTENT OF LAW.
419.16 INTENT OF LAW. In order to provide available alternatives to enable municipalities to accomplish the purposes of this chapter in the manner deemed most advisable by their governing bodies, it is the intent of this chapter that a lessee or contracting party under a sale contract or loan agreement is not required to be the eventual user of a project, provided that the use of the project is consistent with the purposes of this chapter.
Section History: Early Form [C75, 77, 79, 81, § 419.16]
Section History: Recent Form 83 Acts, ch 90, § 29