13-1348a.   Park commissioners or airport authority in certain cities;issuance of bonds for park, parkway, boulevard or airport purposes; election;pledge of income from airport facility, effect.Any city having a board of park commissioners created pursuant to K.S.A.13-1346 and amendments thereto, or an airport authority establishedpursuant to K.S.A. 3-162 is hereby authorized to issue generalobligation bonds of such city for the purpose of purchasing land forpark, parkway, boulevard or airport purposes or for the construction,enlargement, reconstruction, repair or addition to or of anyimprovements to any such lands for any such purposes or any such landsand any such improvements. No bonds shall be issued under the authorityconferred by this section until the question of the issuance of suchbonds has been submitted to a vote of the qualified electors ofthe city at a general or regular city election or a special bondelection and a majority of the electors voting on the question havevoted in favor thereof.

      In lieu of the foregoing election requirement where, by resolution ofa board of park commissioners or an airport authority, net income of anairport facility is pledged to the municipality for payment of bondsissued hereunder, a resolution may be adopted by the governing body ofthe municipality stating the purpose for which such bonds are to beissued, and the total amount of the bonds proposed to be issued alongwith a finding by the governing body that revenues pledged by resolutionof the board of park commissioners or airport authority will besufficient to retire general obligation bonds issued hereunder. Suchresolution and finding by the governing body of the municipality shallbe published once each week for two consecutive weeks in theofficial newspaper of such municipality. Whereupon, such bonds may beissued unless a petition requesting an election on the proposition,signed by qualified electors of such city equal in number to not lessthan 2% of the electors of the municipality who voted atthe last preceding general election, is filed with the clerk of suchmunicipality within 60 days following the last publication ofsuch resolution. In the event such petition is filed, the governing bodyof such municipality shall submit the proposition to the voters at anelection called for such purpose and held not less than 30 daysnor more than 60 days after the filing of suchpetition. No bondsshall be issued unless a majority of the electors voting on suchproposition vote in favor thereof. Such election shall be calledand held in the manner provided by the general bond law.

      All such bonds shall be issued in accordance with the general bondlaw. The total amount of bonds outstanding at any one time and issuedunder this act shall not exceed 3% of the assessed valueof all taxable tangible property within the city. Bonds issued underthis act shall not be subject to or within the limitations prescribed byany other law limiting the amount of indebtedness of any such city.

      History:   L. 1957, ch. 114, § 1; L. 1968, ch. 309, § 1; L.1969, ch. 103, § 1; L. 1975, ch. 5, § 15; L. 1981, ch. 173, § 40; July 1.