12-2814. Tax levies; validation of election and proceedings prior to January 1, 1974; purpose of levy.
12-2814
12-2814. Tax levies; validation of election and proceedings prior toJanuary 1, 1974; purpose of levy.(a) The metropolitan transit authority shall not have power to levytaxes for any purpose.
(b) In any city in which the proposition to authorize such city tolevy a tax not to exceed one mill to carry out the purposes of themetropolitan transit authority act has been submitted to and approved bya majority of the electors of such city voting on the proposition at anelection held prior to January 1, 1974, the levy of such tax by thecity and all proceedings in connection therewith are hereby validatedand confirmed, notwithstanding the absence of authority by such city toadopt the ordinance authorizing the levy upon submission to andapproval thereof by the electors. Any such city may levy an annual taxnot to exceed one mill upon the taxable tangible property withinsuch city. The moneys derived from such tax levy shall be for thebenefit of the metropolitan transit authority established in such cityfor the purpose of providing funds for the operation of the authorityand for guaranteeing payment of any revenue bonds issued by suchauthority pursuant to K.S.A. 12-2808 and to pay a portion of the principaland interest on bonds issued by cities under the authority of K.S.A. 12-1774,and amendments thereto.
History: L. 1955, ch. 118, § 14; L. 1974, ch. 65, § 2; L.1975, ch. 73, § 1; L. 1980, ch. 65, § 6; July 1.