(A) The purpose of this chapter is to provide for municipal regulation of the retention and disposal of city records and to adhere to Iowa Code § 372.13(5) as stated in division (B) below.
(B) The Council shall determine its own rules and maintain records of its proceedings. City records and documents, or accurate reproductions, shall be kept for at least five years except that:
(1) Ordinances, resolutions, council proceedings, records and documents, or accurate reproductions, relating to the issuance of public bonds or obligations shall be kept for at least eleven years following the final maturity of the bonds or obligations. Thereafter, such records, documents, and reproductions may be destroyed, preserving confidentiality as necessary. Records and documents pertaining to the transfer of ownership of bonds shall be kept as provided in Iowa Code § 76.10.
(2) Ordinances, resolutions, council proceedings, records and documents, or accurate reproductions, relating to real property transactions shall be maintained permanently.
(Prior Code, Art. 15, Ch. 1, § 1) (Ord. 31, passed - -)