12-1761.Same; issuance of revenue bonds, purpose; refunding bonds;
election required in certain cities.
After the negotiation of a lease or leases for the use of public buildings
proposed to be acquired or constructed under the authority of this act with
one or more public body, the public building commission may issue revenue
bonds of the commission to provide funds for the purpose of acquiring, erecting,
equipping, repairing, maintaining and operating buildings and other facilities
and to acquire sites necessary and convenient therefor and to pay all costs
and expenses incident thereto, or to refund its outstanding bonds through
the issuance of refunding bonds in the manner prescribed by and, except
as otherwise herein provided, subject to the provisions of K.S.A. 10-116a,
except that no such revenue bonds, except bonds issued for the purpose of
refunding outstanding bonds, shall be issued by a public building commission
created and established in any city having a population of more than one
hundred seventy-five thousand (175,000) and not more than two hundred thousand
(200,000) without the question of the issuance of such bonds having been
first submitted to and having been approved by a majority of the electors
of such city voting at an election called and held thereon. Such election
shall be called and held in the manner provided for the calling and holding
of elections upon the question of the issuance of bonds under the general
bond law. Except as otherwise provided by K.S.A. 10-116a, such revenue bonds
shall be payable solely from the rents and revenues to be derived from the
operation, management or use of the buildings or other facilities acquired
by the commission. The commission shall have no power to levy taxes, and
bonds issued by the commission shall not constitute a debt of the commission
or of any public body within the meaning of any statutory or constitutional
limitation as to debt.
History: L. 1965, ch. 122, § 5; L. 1973, ch. 66, § 1; L. 1977,
ch. 58, § 6; May 18.
12-1761.Same; issuance of revenue bonds, purpose; refunding bonds;
election required in certain cities.
After the negotiation of a lease or leases for the use of public buildings
proposed to be acquired or constructed under the authority of this act with
one or more public body, the public building commission may issue revenue
bonds of the commission to provide funds for the purpose of acquiring, erecting,
equipping, repairing, maintaining and operating buildings and other facilities
and to acquire sites necessary and convenient therefor and to pay all costs
and expenses incident thereto, or to refund its outstanding bonds through
the issuance of refunding bonds in the manner prescribed by and, except
as otherwise herein provided, subject to the provisions of K.S.A. 10-116a,
except that no such revenue bonds, except bonds issued for the purpose of
refunding outstanding bonds, shall be issued by a public building commission
created and established in any city having a population of more than one
hundred seventy-five thousand (175,000) and not more than two hundred thousand
(200,000) without the question of the issuance of such bonds having been
first submitted to and having been approved by a majority of the electors
of such city voting at an election called and held thereon. Such election
shall be called and held in the manner provided for the calling and holding
of elections upon the question of the issuance of bonds under the general
bond law. Except as otherwise provided by K.S.A. 10-116a, such revenue bonds
shall be payable solely from the rents and revenues to be derived from the
operation, management or use of the buildings or other facilities acquired
by the commission. The commission shall have no power to levy taxes, and
bonds issued by the commission shall not constitute a debt of the commission
or of any public body within the meaning of any statutory or constitutional
limitation as to debt.
History: L. 1965, ch. 122, § 5; L. 1973, ch. 66, § 1; L. 1977,
ch. 58, § 6; May 18.
12-1761.Same; issuance of revenue bonds, purpose; refunding bonds;
election required in certain cities.
After the negotiation of a lease or leases for the use of public buildings
proposed to be acquired or constructed under the authority of this act with
one or more public body, the public building commission may issue revenue
bonds of the commission to provide funds for the purpose of acquiring, erecting,
equipping, repairing, maintaining and operating buildings and other facilities
and to acquire sites necessary and convenient therefor and to pay all costs
and expenses incident thereto, or to refund its outstanding bonds through
the issuance of refunding bonds in the manner prescribed by and, except
as otherwise herein provided, subject to the provisions of K.S.A. 10-116a,
except that no such revenue bonds, except bonds issued for the purpose of
refunding outstanding bonds, shall be issued by a public building commission
created and established in any city having a population of more than one
hundred seventy-five thousand (175,000) and not more than two hundred thousand
(200,000) without the question of the issuance of such bonds having been
first submitted to and having been approved by a majority of the electors
of such city voting at an election called and held thereon. Such election
shall be called and held in the manner provided for the calling and holding
of elections upon the question of the issuance of bonds under the general
bond law. Except as otherwise provided by K.S.A. 10-116a, such revenue bonds
shall be payable solely from the rents and revenues to be derived from the
operation, management or use of the buildings or other facilities acquired
by the commission. The commission shall have no power to levy taxes, and
bonds issued by the commission shall not constitute a debt of the commission
or of any public body within the meaning of any statutory or constitutional
limitation as to debt.
History: L. 1965, ch. 122, § 5; L. 1973, ch. 66, § 1; L. 1977,
ch. 58, § 6; May 18.