10-309


Chapter 10.--BONDS AND WARRANTS


Article 3.--LIMITATION OF BONDED INDEBTEDNESS

     
10-309.   Limitation on bonded indebtedness of cities; exceptions.
Notwithstanding the provisions of K.S.A. 10-308 and amendments thereto:
(a) Bonds issued by any city for the purpose of acquiring, enlarging,
extending or improving any storm or sanitary sewer system; or (b) bonds
issued by any city for the purpose of acquiring, enlarging, extending or
improving any municipal utility; or (c) bonds issued by any city to pay the
cost of improvements to intersections of streets and alleys or that portion
of any street immediately in front of city or school district property,
shall not be included in computing the total bonded indebtedness of the
city for the purposes of determining the limitations on bonded indebtedness
provided in K.S.A. 10-308 and amendments thereto.

     
History:   L. 1978, ch. 52, § 2; L. 1982, ch. 57, § 2;
L. 1989, ch. 53, § 1; July 1.