PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS APPLICABLE TO CITIES OF THE THIRD CLASS
Article 8.--PUBLIC UTILITIES
15-809.Sale of electric light, waterworks or gas
system; election;
application of proceeds.
Any city of the third class which owns an
electric light or waterworks plant, electric
transmission line, or water, gas or electric distribution system may sell
the same except that the
sale shall not be made until the proposition of whether to sell has been
submitted to a
vote of the qualified electors of the city. If a majority of the
qualified electors who vote in the election
vote in
favor of the sale, the
governing body may dispose of the plant, transmission line or distribution
system, according to the proposition voted on at the
election. The proposition submitted to the electors shall contain a
statement of the proposed sale price and the name of the purchaser.
When the governing body decides to put the proposition to a vote, it
shall pass an ordinance calling an election to be held within 40
days after the passage of the ordinance. The mayor shall cause a
notice of the election to be published once a week for two
consecutive weeks, the first publication to
be not less than 21 days preceding the election. The notice
shall state the purpose of the election, giving the sale price and the
name of the purchaser, the date of the election, and the places of
voting. The proposed purchaser shall bear all the expenses of the
election.
All sales shall be for cash, and the proceeds of the sale shall be
applied upon the payment of any outstanding bonds or obligations
incurred in the purchase, erection or improvement of the property sold.
The excess, if any, shall be paid into the
general fund of the city. If the city is unable to purchase
the
unmatured bonds issued for the purchase, erection or improvement of the
property sold, the governing body may invest the money
necessary to take up such bonds at maturity in investments authorized by
K.S.A. 12-1675, and amendments thereto, in the manner prescribed
therein
or in any municipal bonds of this state, which shall become due prior to
the due date of the bonds issued for the purchase, erection or
improvement of the property sold, or in government bonds or
federal landbank bonds. The purchase price and proceeding of the sale
shall be filed with the state corporation commission.
History: L. 1923, ch. 102, § 1;
R.S. 1923, § 15-809;
L. 1929, ch. 135, § 1;
L. 1931, ch. 135, § 1;
L. 1939, ch. 141, § 1;
L. 1951, ch. 189, § 1;
L. 1977, ch. 54, § 20;
L. 1981, ch. 173, § 53;
L. 2009, ch. 74, § 1; Apr. 23.
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS APPLICABLE TO CITIES OF THE THIRD CLASS
Article 8.--PUBLIC UTILITIES
15-809.Sale of electric light, waterworks or gas
system; election;
application of proceeds.
Any city of the third class which owns an
electric light or waterworks plant, electric
transmission line, or water, gas or electric distribution system may sell
the same except that the
sale shall not be made until the proposition of whether to sell has been
submitted to a
vote of the qualified electors of the city. If a majority of the
qualified electors who vote in the election
vote in
favor of the sale, the
governing body may dispose of the plant, transmission line or distribution
system, according to the proposition voted on at the
election. The proposition submitted to the electors shall contain a
statement of the proposed sale price and the name of the purchaser.
When the governing body decides to put the proposition to a vote, it
shall pass an ordinance calling an election to be held within 40
days after the passage of the ordinance. The mayor shall cause a
notice of the election to be published once a week for two
consecutive weeks, the first publication to
be not less than 21 days preceding the election. The notice
shall state the purpose of the election, giving the sale price and the
name of the purchaser, the date of the election, and the places of
voting. The proposed purchaser shall bear all the expenses of the
election.
All sales shall be for cash, and the proceeds of the sale shall be
applied upon the payment of any outstanding bonds or obligations
incurred in the purchase, erection or improvement of the property sold.
The excess, if any, shall be paid into the
general fund of the city. If the city is unable to purchase
the
unmatured bonds issued for the purchase, erection or improvement of the
property sold, the governing body may invest the money
necessary to take up such bonds at maturity in investments authorized by
K.S.A. 12-1675, and amendments thereto, in the manner prescribed
therein
or in any municipal bonds of this state, which shall become due prior to
the due date of the bonds issued for the purchase, erection or
improvement of the property sold, or in government bonds or
federal landbank bonds. The purchase price and proceeding of the sale
shall be filed with the state corporation commission.
History: L. 1923, ch. 102, § 1;
R.S. 1923, § 15-809;
L. 1929, ch. 135, § 1;
L. 1931, ch. 135, § 1;
L. 1939, ch. 141, § 1;
L. 1951, ch. 189, § 1;
L. 1977, ch. 54, § 20;
L. 1981, ch. 173, § 53;
L. 2009, ch. 74, § 1; Apr. 23.
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS APPLICABLE TO CITIES OF THE THIRD CLASS
Article 8.--PUBLIC UTILITIES
15-809.Sale of electric light, waterworks or gas
system; election;
application of proceeds.
Any city of the third class which owns an
electric light or waterworks plant, electric
transmission line, or water, gas or electric distribution system may sell
the same except that the
sale shall not be made until the proposition of whether to sell has been
submitted to a
vote of the qualified electors of the city. If a majority of the
qualified electors who vote in the election
vote in
favor of the sale, the
governing body may dispose of the plant, transmission line or distribution
system, according to the proposition voted on at the
election. The proposition submitted to the electors shall contain a
statement of the proposed sale price and the name of the purchaser.
When the governing body decides to put the proposition to a vote, it
shall pass an ordinance calling an election to be held within 40
days after the passage of the ordinance. The mayor shall cause a
notice of the election to be published once a week for two
consecutive weeks, the first publication to
be not less than 21 days preceding the election. The notice
shall state the purpose of the election, giving the sale price and the
name of the purchaser, the date of the election, and the places of
voting. The proposed purchaser shall bear all the expenses of the
election.
All sales shall be for cash, and the proceeds of the sale shall be
applied upon the payment of any outstanding bonds or obligations
incurred in the purchase, erection or improvement of the property sold.
The excess, if any, shall be paid into the
general fund of the city. If the city is unable to purchase
the
unmatured bonds issued for the purchase, erection or improvement of the
property sold, the governing body may invest the money
necessary to take up such bonds at maturity in investments authorized by
K.S.A. 12-1675, and amendments thereto, in the manner prescribed
therein
or in any municipal bonds of this state, which shall become due prior to
the due date of the bonds issued for the purchase, erection or
improvement of the property sold, or in government bonds or
federal landbank bonds. The purchase price and proceeding of the sale
shall be filed with the state corporation commission.
History: L. 1923, ch. 102, § 1;
R.S. 1923, § 15-809;
L. 1929, ch. 135, § 1;
L. 1931, ch. 135, § 1;
L. 1939, ch. 141, § 1;
L. 1951, ch. 189, § 1;
L. 1977, ch. 54, § 20;
L. 1981, ch. 173, § 53;
L. 2009, ch. 74, § 1; Apr. 23.