12-1770.Purpose of act; issuance of special
obligation bonds and full
faith and credit tax increment bonds.
It is hereby declared to be the purpose of this act to promote, stimulate and
develop the general and economic welfare of the state of Kansas and its
communities and to assist in the development and redevelopment of eligible
areas within and without a city thereby promoting the general welfare of the
citizens of this state,
by authorizing cities to acquire certain property and to issue special
obligation bonds and full faith and credit tax increment bonds for the
financing of redevelopment projects. It is further found and declared that the
powers conferred by this act are for a
public purpose and public use for which public money may be expended and
the power of eminent domain may be exercised. The necessity in the
public interest for the provisions of this act is hereby declared as a matter
of legislative determination.
History: L. 1976, ch. 69, § 1;
L. 1979, ch. 52, § 1;
L. 1982, ch. 75, § 6;
L. 1984, ch. 74, § 1;
L. 1988, ch. 78, § 1;
L. 1994, ch. 63, § 1;
L. 1996, ch. 228, § 1;
L. 1998, ch. 17, § 1;
L. 1999, ch. 83, § 3;
L. 2001, ch. 103, § 1;
L. 2007, ch. 179, § 21; July 1.
12-1770.Purpose of act; issuance of special
obligation bonds and full
faith and credit tax increment bonds.
It is hereby declared to be the purpose of this act to promote, stimulate and
develop the general and economic welfare of the state of Kansas and its
communities and to assist in the development and redevelopment of eligible
areas within and without a city thereby promoting the general welfare of the
citizens of this state,
by authorizing cities to acquire certain property and to issue special
obligation bonds and full faith and credit tax increment bonds for the
financing of redevelopment projects. It is further found and declared that the
powers conferred by this act are for a
public purpose and public use for which public money may be expended and
the power of eminent domain may be exercised. The necessity in the
public interest for the provisions of this act is hereby declared as a matter
of legislative determination.
History: L. 1976, ch. 69, § 1;
L. 1979, ch. 52, § 1;
L. 1982, ch. 75, § 6;
L. 1984, ch. 74, § 1;
L. 1988, ch. 78, § 1;
L. 1994, ch. 63, § 1;
L. 1996, ch. 228, § 1;
L. 1998, ch. 17, § 1;
L. 1999, ch. 83, § 3;
L. 2001, ch. 103, § 1;
L. 2007, ch. 179, § 21; July 1.
12-1770.Purpose of act; issuance of special
obligation bonds and full
faith and credit tax increment bonds.
It is hereby declared to be the purpose of this act to promote, stimulate and
develop the general and economic welfare of the state of Kansas and its
communities and to assist in the development and redevelopment of eligible
areas within and without a city thereby promoting the general welfare of the
citizens of this state,
by authorizing cities to acquire certain property and to issue special
obligation bonds and full faith and credit tax increment bonds for the
financing of redevelopment projects. It is further found and declared that the
powers conferred by this act are for a
public purpose and public use for which public money may be expended and
the power of eminent domain may be exercised. The necessity in the
public interest for the provisions of this act is hereby declared as a matter
of legislative determination.
History: L. 1976, ch. 69, § 1;
L. 1979, ch. 52, § 1;
L. 1982, ch. 75, § 6;
L. 1984, ch. 74, § 1;
L. 1988, ch. 78, § 1;
L. 1994, ch. 63, § 1;
L. 1996, ch. 228, § 1;
L. 1998, ch. 17, § 1;
L. 1999, ch. 83, § 3;
L. 2001, ch. 103, § 1;
L. 2007, ch. 179, § 21; July 1.