12-5249. Same; bond proceeds; limitations on use.
12-5249
12-5249. Same; bond proceeds; limitations on
use.
(a) Any city or county which has established a rural housing
incentive
district may use the proceeds of special obligation bonds issued under
K.S.A. 12-5248, and amendments thereto, or any uncommitted funds
derived from those
sources of revenue set forth in paragraph (1) of subsection (a) of
K.S.A. 12-5248, to implement specific projects identified within the
rural housing incentive
district plan including, without limitation:
(1) Acquisition of property within the specific project area or areas as
provided in K.S.A. 12-5247;
(2) payment of relocation assistance;
(3) site preparation;
(4) sanitary and storm sewers and lift stations;
(5) drainage conduits, channels and levees;
(6) street grading, paving, graveling, macadamizing, curbing, guttering and
surfacing;
(7) street lighting fixtures, connection and facilities;
(8) underground gas, water, heating, and electrical services and connections
located within the public right-of-way;
(9) sidewalks; and
(10) water mains and extensions.
(b) None of the proceeds from the sale of special obligation bonds issued
under
K.S.A. 12-5248 shall be used for the construction of buildings or
other
structures to be owned by or to be leased to any developer of a residential
housing project within the district.
History: L. 1998, ch. 66, § 9; July 1.