12-1741b.Issuance of revenue bonds by counties; lease-purchase
agreements; location of facilities; letter of intent, resolution of intent
or inducement resolution, approval required, when.
(a) Subject to the provisions of K.S.A. 12-1744a
and 12-1744b, and amendments thereto, any county shall
have power 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 of facilities for agricultural, commercial,
hospital, industrial, natural resources, recreational development and
manufacturing purposes. Any county shall also have the power to enter into leases or
lease-purchase agreements by resolution with any person, firm or
corporation for the facilities. Except as otherwise provided in subsection
(b) of this section, the facilities may be constructed within the
county or its environs without limitation as to distance, providing
the board of county commissioners declares that the facility, if in
being, would promote the welfare of the county.
(b) No county shall issue revenue bonds authorized herein to finance facilities
located within the corporate limits of a city or within three miles of the
corporate limits of a city or within another county
without the issuing county having first received approval of the issuance
of a letter of intent
or the adoption of a
resolution of intent or inducement resolution
to issue such bonds from the governing
body of the city or county in which the facility is to be located.
Approval of a city governing body shall not be required to finance the
construction of facilities located on real estate, the title to which is in
the county issuing the revenue bonds. The use of such real estate shall be
subject to all zoning regulations, subdivision regulations and building
code regulations of the city.
(c) The issuance of a letter of intent
or the adoption of a
resolution of intent or inducement resolution
shall be deemed to have
received the approval of a city or county for purposes of this section unless
such city or county provides the county proposing such issuance
with a written notification specifically disapproving the issuance within
seven business days after the next regular meeting of the governing body of the city or
county having such approval authority that follows receipt of a request for approval.
(d) The provisions of this section requiring approval of a letter of
intent, resolution of intent or inducement resolution as a condition to
issuance of revenue bonds shall not be applicable
with respect to the issuance of any revenue bonds for which a county has
issued a letter of intent, resolution of intent or inducement resolution
prior to the effective date of this act.
History: L. 1981, ch. 74, § 5;
L. 1985, ch. 62, § 1;
L. 1990, ch. 74, § 6; May 24.
12-1741b.Issuance of revenue bonds by counties; lease-purchase
agreements; location of facilities; letter of intent, resolution of intent
or inducement resolution, approval required, when.
(a) Subject to the provisions of K.S.A. 12-1744a
and 12-1744b, and amendments thereto, any county shall
have power 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 of facilities for agricultural, commercial,
hospital, industrial, natural resources, recreational development and
manufacturing purposes. Any county shall also have the power to enter into leases or
lease-purchase agreements by resolution with any person, firm or
corporation for the facilities. Except as otherwise provided in subsection
(b) of this section, the facilities may be constructed within the
county or its environs without limitation as to distance, providing
the board of county commissioners declares that the facility, if in
being, would promote the welfare of the county.
(b) No county shall issue revenue bonds authorized herein to finance facilities
located within the corporate limits of a city or within three miles of the
corporate limits of a city or within another county
without the issuing county having first received approval of the issuance
of a letter of intent
or the adoption of a
resolution of intent or inducement resolution
to issue such bonds from the governing
body of the city or county in which the facility is to be located.
Approval of a city governing body shall not be required to finance the
construction of facilities located on real estate, the title to which is in
the county issuing the revenue bonds. The use of such real estate shall be
subject to all zoning regulations, subdivision regulations and building
code regulations of the city.
(c) The issuance of a letter of intent
or the adoption of a
resolution of intent or inducement resolution
shall be deemed to have
received the approval of a city or county for purposes of this section unless
such city or county provides the county proposing such issuance
with a written notification specifically disapproving the issuance within
seven business days after the next regular meeting of the governing body of the city or
county having such approval authority that follows receipt of a request for approval.
(d) The provisions of this section requiring approval of a letter of
intent, resolution of intent or inducement resolution as a condition to
issuance of revenue bonds shall not be applicable
with respect to the issuance of any revenue bonds for which a county has
issued a letter of intent, resolution of intent or inducement resolution
prior to the effective date of this act.
History: L. 1981, ch. 74, § 5;
L. 1985, ch. 62, § 1;
L. 1990, ch. 74, § 6; May 24.
12-1741b.Issuance of revenue bonds by counties; lease-purchase
agreements; location of facilities; letter of intent, resolution of intent
or inducement resolution, approval required, when.
(a) Subject to the provisions of K.S.A. 12-1744a
and 12-1744b, and amendments thereto, any county shall
have power 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 of facilities for agricultural, commercial,
hospital, industrial, natural resources, recreational development and
manufacturing purposes. Any county shall also have the power to enter into leases or
lease-purchase agreements by resolution with any person, firm or
corporation for the facilities. Except as otherwise provided in subsection
(b) of this section, the facilities may be constructed within the
county or its environs without limitation as to distance, providing
the board of county commissioners declares that the facility, if in
being, would promote the welfare of the county.
(b) No county shall issue revenue bonds authorized herein to finance facilities
located within the corporate limits of a city or within three miles of the
corporate limits of a city or within another county
without the issuing county having first received approval of the issuance
of a letter of intent
or the adoption of a
resolution of intent or inducement resolution
to issue such bonds from the governing
body of the city or county in which the facility is to be located.
Approval of a city governing body shall not be required to finance the
construction of facilities located on real estate, the title to which is in
the county issuing the revenue bonds. The use of such real estate shall be
subject to all zoning regulations, subdivision regulations and building
code regulations of the city.
(c) The issuance of a letter of intent
or the adoption of a
resolution of intent or inducement resolution
shall be deemed to have
received the approval of a city or county for purposes of this section unless
such city or county provides the county proposing such issuance
with a written notification specifically disapproving the issuance within
seven business days after the next regular meeting of the governing body of the city or
county having such approval authority that follows receipt of a request for approval.
(d) The provisions of this section requiring approval of a letter of
intent, resolution of intent or inducement resolution as a condition to
issuance of revenue bonds shall not be applicable
with respect to the issuance of any revenue bonds for which a county has
issued a letter of intent, resolution of intent or inducement resolution
prior to the effective date of this act.
History: L. 1981, ch. 74, § 5;
L. 1985, ch. 62, § 1;
L. 1990, ch. 74, § 6; May 24.