State Codes and Statutes
Statutes > Kansas > Chapter24 > Article6 > Statutes_1320224-665
24-665. Same; no-fund warrants to pay initial organization andadministrative expenses; limitation; tax levy to pay; annualascertainment and certification of valuation in joint district.The district board may issue no-fund warrants to pay for initialorganizational, engineering, legal and administrative expenses of thedistrict, except that the amount so issued shall notexceed the product of two mills times the assessed valuation of thetaxable tangible property within the district, which warrants shall be issued,bear interest and be retired in accordance with the provisions of K.S.A.79-2940, and amendments thereto, except that the approval of thestatecourt of tax appeals shall not be required. Wheneverwarrants have been issued under this section, the board shall make a tax levyat the first tax levying period, after such warrants are issued sufficient topay such warrants and interest.
Annually, after the assessment of property for the purpose oftaxation has been made in any county in which a part of the jointdrainage district lies, the county clerk of such county shall thereuponascertain the total assessed valuation of all taxable tangible propertyin his county within the joint drainage district and certify the same tothe county clerk of the official county of the joint drainage districtdesignated as authorized by K.S.A. 24-664, and amendments thereto.
History: L. 1963, ch. 225, § 10;L. 2008, ch. 109, § 55; July 1.
