13-1253. Revenue bonds for water and electricity in certain cities over 120,000; utility rates, fees and charges; refunding revenue bonds.
13-1253
13-1253. Revenue bonds for water and electricity in certain cities over
120,000; utility rates, fees and charges; refunding revenue bonds.
Any municipality, having a population of more than one hundred twenty
thousand (120,000) and owning and operating a water and light plant, or
operating such plants through a board of public utilities as provided by
law, authorized by the laws of the state of Kansas to issue general
obligation bonds for the reconstruction, alteration, repair,
improvement, extension, or enlargement of any of the utilities mentioned
herein is hereby empowered to issue and sell revenue bonds in payment of
the cost thereof; to fix by ordinance or resolution such rates, fees or
charges for the use thereof or service therefrom as may be reasonable
and necessary, and provide for the manner of collecting and disbursing
such revenues. Any municipality which has issued or may hereafter issue
revenue bonds under the provisions of this section may at any time
deemed advisable issue and sell refunding revenue bonds to refund any
previous issue or issues or part thereof which are outstanding either at
or prior to their maturity. Such refunding revenue bonds shall be issued
in the manner prescribed by and subject to the provisions of K.S.A. 10-116a.
History: L. 1941, ch. 142, § 2; L. 1951, ch. 156, § 1; L. 1975,
ch. 96, § 1; L. 1977, ch. 58, § 9; May 18.