12-1932.   Same; transfer of funds; tax levy, use of proceeds.Upon the establishment of a combined park and recreation department, thecurrent operating fund of or budgeted for the two systems shall betransferred to the credit of the combined park and recreation departmentbut shall be maintained in two individual funds which shall be usedfor the purpose for which levied. Thereafter, levies made for thepurpose of financing the operation of the park and recreation departmentand to pay a portion of the principal and interest on bonds issued by suchcity under the authority of K.S.A. 12-1774, and amendments thereto,shall be made annually upon all taxable tangible property in the city.

      History:   L. 1987, ch. 71, § 11; July 1.