12-1744e. Same; notice of intent to enter lease-purchase agreement with retailer to be published in paper; inducement resolution on file.
12-1744e
12-1744e. Same; notice of intent to enter lease-purchase agreement with
retailer to be published in paper; inducement resolution on file.
Whenever any city or county proposes to issue revenue bonds under the authority of
K.S.A. 12-1740 et seq., and amendments thereto, and to enter into a
lease or lease-purchase agreement with a retailer, as defined in K.S.A.
79-3602, and amendments thereto, the governing body of such city or county
shall, at least seven days prior to adopting an ordinance or resolution
authorizing the issuance
of such revenue bonds cause a notice of such intent to be published once
in the official city or county newspaper.
Such publication shall also state that a copy of the inducement resolution
is on file with the city or county
clerk and is available for public inspection during normal business
hours.
History: L. 1978, ch. 61, § 1; L. 1981, ch. 74, § 12; July 1.