12-1740.Purpose of act; revenue bonds.
It is the purpose of this act to promote,
stimulate and develop the general welfare and economic
prosperity of the
state of Kansas through the promotion and advancement of physical and
mental health, industrial, commercial, agricultural, natural resources
and of recreational development in the state; to encourage and assist in
the location of new business and industry in this state and the
expansion, relocation or retention of existing business, industry
and health development; and to promote
the economic stability of the state by providing greater employment
opportunities, diversification of industry and improved physical and
mental health, thus promoting the general welfare of the citizens of
this state by authorizing all cities and counties of the state to issue revenue
bonds, the proceeds of which shall be used for the purpose of paying all
or part of the cost of purchasing, acquiring, constructing, reconstructing,
improving, equipping, furnishing, repairing, enlarging or remodeling facilities
for agricultural,
commercial, hospital, industrial, natural resources, recreational development
and manufacturing purposes and to
enter into leases or lease-purchase agreements with any person, firm or
corporation for such facilities. For the purpose of this act, the term facility
shall include a site and the necessary site preparation, structures, easements,
rights-of-way and appurtenances necessary and convenient to the particular
type of facility being financed.
History: L. 1961, ch. 81, § 1; L. 1969, ch. 85, § 1; L. 1981,
ch. 74, § 1; July 1.
12-1740.Purpose of act; revenue bonds.
It is the purpose of this act to promote,
stimulate and develop the general welfare and economic
prosperity of the
state of Kansas through the promotion and advancement of physical and
mental health, industrial, commercial, agricultural, natural resources
and of recreational development in the state; to encourage and assist in
the location of new business and industry in this state and the
expansion, relocation or retention of existing business, industry
and health development; and to promote
the economic stability of the state by providing greater employment
opportunities, diversification of industry and improved physical and
mental health, thus promoting the general welfare of the citizens of
this state by authorizing all cities and counties of the state to issue revenue
bonds, the proceeds of which shall be used for the purpose of paying all
or part of the cost of purchasing, acquiring, constructing, reconstructing,
improving, equipping, furnishing, repairing, enlarging or remodeling facilities
for agricultural,
commercial, hospital, industrial, natural resources, recreational development
and manufacturing purposes and to
enter into leases or lease-purchase agreements with any person, firm or
corporation for such facilities. For the purpose of this act, the term facility
shall include a site and the necessary site preparation, structures, easements,
rights-of-way and appurtenances necessary and convenient to the particular
type of facility being financed.
History: L. 1961, ch. 81, § 1; L. 1969, ch. 85, § 1; L. 1981,
ch. 74, § 1; July 1.
12-1740.Purpose of act; revenue bonds.
It is the purpose of this act to promote,
stimulate and develop the general welfare and economic
prosperity of the
state of Kansas through the promotion and advancement of physical and
mental health, industrial, commercial, agricultural, natural resources
and of recreational development in the state; to encourage and assist in
the location of new business and industry in this state and the
expansion, relocation or retention of existing business, industry
and health development; and to promote
the economic stability of the state by providing greater employment
opportunities, diversification of industry and improved physical and
mental health, thus promoting the general welfare of the citizens of
this state by authorizing all cities and counties of the state to issue revenue
bonds, the proceeds of which shall be used for the purpose of paying all
or part of the cost of purchasing, acquiring, constructing, reconstructing,
improving, equipping, furnishing, repairing, enlarging or remodeling facilities
for agricultural,
commercial, hospital, industrial, natural resources, recreational development
and manufacturing purposes and to
enter into leases or lease-purchase agreements with any person, firm or
corporation for such facilities. For the purpose of this act, the term facility
shall include a site and the necessary site preparation, structures, easements,
rights-of-way and appurtenances necessary and convenient to the particular
type of facility being financed.
History: L. 1961, ch. 81, § 1; L. 1969, ch. 85, § 1; L. 1981,
ch. 74, § 1; July 1.