10-307

Chapter 10.--BONDS AND WARRANTS
Article 3.--LIMITATION OF BONDED INDEBTEDNESS

      10-307.   Counties; certain bonds excluded in computing bonded indebtedness.(a) Bonds issued for thepurpose of refunding outstanding debt, including outstanding bonds and maturedcoupons thereof, or judgments thereon; (b) bonds issued pursuant tothe provisions of article 46 of chapter 19 of the Kansas Statutes Annotated,and acts amendatory thereof or supplemental thereto; (c) bonds issuedfor the purpose of financing the construction or remodeling of acourthouse, jail or law enforcement center facility, which bonds arepayable from the proceeds of a countywide retailers' sales tax; and(d) bonds issued by Riley or Lyon county for the purpose of financing theconstruction or remodeling of a law enforcement facility or jail, or both,shall not be included in computing the total bonded indebtedness of any countyfor the purpose of determining the limitations on bonded indebtedness providedin K.S.A. 10-306, and amendments thereto.

      History:   L. 1978, ch. 51, § 2;L. 1985, ch. 63, § 1;L. 1987, ch. 63, § 5;L. 1990, ch. 67, § 5;L. 1992, ch. 160, § 1; April 30.