12-6a14. Same; cost of improvements, how paid; limitations.
12-6a14
12-6a14. Same; cost of improvements, how paid; limitations.The total cost of any improvement made under the authority of this actshall be paid as follows:
(a) All costs made payable by the city at large which may be paid fromgeneral funds legally available for such purposes or from other generalimprovement funds available for such purposes may be paid from such funds.
(b) Costs payable by special assessments which have been paid in fullprior to the date set by the governing body as provided in K.S.A. 12-6a10,and amendments thereto,shall be paid from assessments so collected.
(c) Costs payable by special assessments, to be paid in installments,and costs made payable by the city at large and not payable from availablegeneral funds, or other general improvement funds available to thegoverning body for such purpose, shall be paid by the issuance and sale ofbonds of the city as provided by law.
(d) During the progress of any improvement the governing body may issuetemporary notes of the city as provided by law or may issue specialobligation temporary notes of the city to pay such costs, and uponcompletion of the work, bonds of the city shall be issued and sold asprovided hereinbefore.
(e) The costs of more than one improvement may be paid from asingleissue and sale of bonds without other consolidation of the proceedingsprior to the bond issue.
(f) The amount of any such general obligation bonds outstanding at anyone time shall not exceed the bonded debt limitations of such city underthe provisions of any law applicable thereto.
(g) Any city may also issue special obligation bonds to refund any bondsand repay any temporary notes previously issued under this act.
History: L. 1957, ch. 99, § 14; L. 1959, ch. 72, § 4;L. 2007, ch. 171, § 4; May 17.