357.21 - SUBSTANCE OF BONDS. - Iowa Statutes

357.21 SUBSTANCE OF BONDS. Each of such bonds shall be numbered, and have printed upon its face that it is a benefited water district bond, stating the county and the number of the district for which it is issued, and the date of maturity; that it is in pursuance of a resolution of the board of supervisors, and that it is to be paid for only from special assessment theretofore levied and taxes levied as hereinafter provided for that purpose within the said district for which the bond is issued. The provisions of sections 468.76 and 468.78 shall govern the issuance of these bonds except that the contractor will not be paid anything on the work until its completion and final acceptance.          Section History: Early Form [C39, § 5526.21; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 357.21] Referred to in § 357.35