279.26 - LEASE ARRANGEMENTS. - Iowa Statutes

279.26 LEASE ARRANGEMENTS. The board of directors of a local school district for which a voter-approved physical plant and equipment levy has been voted pursuant to section 298.2, may enter into a rental or lease arrangement, consistent with the purposes for which the voter-approved physical plant and equipment levy has been voted, for a period not exceeding ten years and not exceeding the period for which the voter-approved physical plant and equipment levy has been authorized by the voters.          Section History: Early Form [C75, § 279.23; C77, 79, 81, § 279.26]          Section History: Recent Form 89 Acts, ch 135, §73 Referred to in § 298.2