13-1380.   Same; bonds.Bonds of such city may be issued and sold to pay the cost of the lands acquiredand the cost of such improvements. The bondsshall be payable in not to exceed 10 annual installments. The lastinstallment shall be not later than 12 years from thedate of issuance of such bonds. The bonds shall bear interest at a ratenot to exceed the maximum rate of interestprescribed by K.S.A. 10-1009, and amendments thereto.

      History:   L. 1941, ch. 128, § 7; L. 1949, ch. 142, § 5; L. 1970,ch. 64, § 30; L. 1983, ch. 49, § 62; May 12.