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 withretailer to be published in paper; inducement resolution on file.Whenever any city or county proposes to issue revenue bonds under the authority ofK.S.A. 12-1740 et seq., and amendments thereto, and to enter into alease 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 countyshall, at least seven days prior to adopting an ordinance or resolutionauthorizing the issuanceof such revenue bonds cause a notice of such intent to be published oncein the official city or county newspaper.Such publication shall also state that a copy of the inducement resolutionis on file with the city or countyclerk and is available for public inspection during normal businesshours.
History: L. 1978, ch. 61, § 1; L. 1981, ch. 74, § 12; July 1.