12-803a.Street-railway or bus department, when; use of revenues.
In any city which has acquired prior to the effective date of this act
or thereafter acquires, as provided by law, any street-railway system or
bus system, the governing body shall by ordinance create a street-railway
or bus department, provide for the superintendent and such other officers
and employees as may be necessary for the proper management and operation
thereof, and provide for their compensation.
All revenues of said department and all revenues of said street-railway
or bus system shall be used to pay the costs and expenses of operating said
system, for the purchase of necessary equipment, and for providing
improvements to such system, and any of such revenues not needed for such
purposes, as determined by the governing body of the city, shall be used to
help retire and pay interest on any bonds issued under K.S.A. 12-803c and
on any bonds issued to acquire such system.
Whenever any part of such revenues for any year is not needed for any of
the above-stated purposes, as determined by the governing body of the city,
such surplus revenue may be transferred by said governing body and merged
into the city's general operating fund or the city's general revenue fund.
12-803a.Street-railway or bus department, when; use of revenues.
In any city which has acquired prior to the effective date of this act
or thereafter acquires, as provided by law, any street-railway system or
bus system, the governing body shall by ordinance create a street-railway
or bus department, provide for the superintendent and such other officers
and employees as may be necessary for the proper management and operation
thereof, and provide for their compensation.
All revenues of said department and all revenues of said street-railway
or bus system shall be used to pay the costs and expenses of operating said
system, for the purchase of necessary equipment, and for providing
improvements to such system, and any of such revenues not needed for such
purposes, as determined by the governing body of the city, shall be used to
help retire and pay interest on any bonds issued under K.S.A. 12-803c and
on any bonds issued to acquire such system.
Whenever any part of such revenues for any year is not needed for any of
the above-stated purposes, as determined by the governing body of the city,
such surplus revenue may be transferred by said governing body and merged
into the city's general operating fund or the city's general revenue fund.
12-803a.Street-railway or bus department, when; use of revenues.
In any city which has acquired prior to the effective date of this act
or thereafter acquires, as provided by law, any street-railway system or
bus system, the governing body shall by ordinance create a street-railway
or bus department, provide for the superintendent and such other officers
and employees as may be necessary for the proper management and operation
thereof, and provide for their compensation.
All revenues of said department and all revenues of said street-railway
or bus system shall be used to pay the costs and expenses of operating said
system, for the purchase of necessary equipment, and for providing
improvements to such system, and any of such revenues not needed for such
purposes, as determined by the governing body of the city, shall be used to
help retire and pay interest on any bonds issued under K.S.A. 12-803c and
on any bonds issued to acquire such system.
Whenever any part of such revenues for any year is not needed for any of
the above-stated purposes, as determined by the governing body of the city,
such surplus revenue may be transferred by said governing body and merged
into the city's general operating fund or the city's general revenue fund.
