For purposes of the SAVE funds (including remaining LOSST and supplemental amount), school infrastructure means those activities for which a school district is authorized to contract indebtedness and issue general obligation bonds under section 296.1, except those activities related to a teacher's or superintendent's home or homes. These activities include the construction, reconstruction, repair, demolition work, purchasing, or remodeling of schoolhouses, stadiums, gyms, fieldhouses, and bus garages and the procurement of school house construction sites and making of site improvements and those activities for which revenues under section 298.3 (PPEL) and 300.2 (PERL) may be spent.
A school district that uses proceeds for school infrastructure shall comply with the state building code in the absence of a local building code. In addition, school infrastructure includes the payment or retirement of outstanding bonds previously issued (or subsequently issued) for school infrastructure purposes as defined here and the payment or retirement of bonds issued under section 423E.5/423F.4.