3-314. Revenue bonds for airports and other facilities in counties establishing public airports under 3-302; pledge of facility income.
3-314
3-314. Revenue bonds for airports and other facilities in counties establishing
public airports under 3-302; pledge of facility income.
Any county which has established a public airport, pursuant to the
authority granted in K.S.A. 3-302, may, through its board of county
commissioners, issue revenue bonds for the acquisition, construction,
alteration, repair, improvement, extension or enlargement of any facility
of such airport or any facility for warehousing, industry or transportation
located at such airport. Such bonds shall be issued in the same manner provided in
K.S.A. 3-303 for the issuance of general obligation bonds for such airport,
and before any such bonds may be issued, said board of county commissioners
shall, by resolution, provide that the net income from any airport facility,
or any facility for warehousing, industry or transportation located at such
airport, which is acquired, constructed, altered, repaired, improved, extended or
enlarged with the proceeds of bonds issued hereunder shall be pledged for
the payment of said bonds.
History: L. 1969, ch. 11, § 1; L. 1976, ch. 12, § 1; April 13.