14-560. Repairing or resurfacing certain streets; bonds; election.
14-560
14-560. Repairing or resurfacing certain streets; bonds; election.Whenever the governing body of any city of the second class shall deemit necessary to resurface or repair any paved street or any portionthereof, which paved street was occupied by a street railway and alongwhich said street railway has abandoned its rails; and the surface of saidpaved street by reason of the abandonment by said railway company is in acondition which requires repairing or resurfacing in order to preserve thesame and to provide a reasonably smooth surface, the same may be ordered byresolution and shall be done at the expense of the city and the payment ofthe cost of such resurfacing or repairing may be made by the issuance ofgeneral obligation bonds of the city.
Such bonds shall be made payable at such time as the governing bodyshall provide by ordinance; but none of such bonds shall be issued for aperiod of more than ten (10) years nor bear interest at a rate exceedingthe maximum rate of interest prescribed by K.S.A. 10-1009: Provided,That no bonds be issued under the provisions of this act unless and untilthe question of the issuance of the same has been submitted to a vote ofthe electors of such city at a regular city election or at a specialelection called for that purpose and a majority of those voting on thequestion shall have declared by their votes to be in favor of the issuanceof the bonds. Said election may be called by the governing body of the cityat any time when they deem such action advisable. All bonds issued underthis section shall be issued, registered, sold, delivered and retired inaccordance with the provisions of the general bond law except as hereinotherwise expressly provided.
History: L. 1947, ch. 165, § 1; L. 1970, ch. 64, §41; March 21.