12-803. Same; bond limitation.
12-803
12-803. Same; bond limitation.
No bonds in excess of fifteen percentum of the assessed valuation of
tangible property in such city shall be issued under the authority of
K.S.A. 12-801 and 12-802, and such bonds may be issued by any city without
regard to the statutory limitations of bonded indebtedness of such city and
shall not be included in computing the total bonded indebtedness of such
city within the meaning of other statutes limiting such bonded
indebtedness.
History: L. 1905, ch. 101, § 4; R.S. 1923, § 12-803; L. 1951, ch. 133, § 1;
March 26.