3-113b. Bonds by certain cities of third class for purchasing, leasing, developing and equipping; election; debt limitations inapplicable; authority expires July 1, 1949.
3-113b
3-113b. Bonds by certain cities of third class for purchasing, leasing,developing and equipping; election; debt limitations inapplicable; authorityexpires July 1, 1949.The governing body of any city of the third class having a population ofnot less than one thousand is hereby authorized and empowered to issuebonds of such city in an amount not exceeding fifteen thousand dollars forthe purpose of purchasing, leasing, development and equipping municipalairports and fields for aviation purposes and for all things incidentalthereto. Before any of such bonds shall be issued, the question of issuingsame shall be submitted to the vote of the people at the next city electionor at an election called for that purpose, and no bonds shall be issueduntil a majority of the qualified electors who shall vote on the questionat such an election shall have declared by their votes in favor of issuingsaid bonds. All bonds authorized by this act shall be issued, sold,delivered and retired under the provisions of article 1 of chapter 10 ofthe Kansas Statutes Annotated and amendments thereto, and none of the debtlimitations provided by law shall apply to bonds issued under this act.Such city is hereby authorized and empowered to receive and use thebenefits of any federal or state aid, or both, in the purchasing, leasing,development and equipping of such airports and fields, which aid may be inaddition to the proposed bond issue. All authority to issue bonds under theprovisions of this section shall expire and end on July 1, 1949.
History: L. 1947, ch. 18, § 1; June 30.