12-803b.   Street-railway or bus system; tax levy, use of proceeds.The governing body in any city operating a street-railway system or bussystem shall levy annually at the time when other taxes are levied asufficient tax to pay for the necessary costs and expenses of operatingsaid system and for the purchasing of necessary equipment andimprovements therefor only in the event the revenue and income derivedfrom such system are insufficient for such purposes and to pay a portionof the principal and interest on bonds issued by such city under the authorityof K.S.A. 12-1774, and amendments thereto. Such levies as areauthorized herein shall be in addition to all other levies authorized orlimited by law.

      History:   L. 1953, ch. 73, § 2; L. 1979, ch. 52, § 35; July 1.