10-1203. Duplication of existing utility services; approval and finding by corporation commission. No municipality, as herein defined, shall issue revenue bonds to acquire, construct, reconstruct, alter, repair, improve, extend or enlarge any plant or facilities for the furnishing of any utility service where same is being furnished by a private utility, except upon approval by the corporation commission of the state of Kansas, after a finding based on substantial evidence that the acquisition, construction, reconstruction, alteration, repair, improvement, extension or enlargement of such plant or facilities is necessary or appropriate for the municipality and its consumers, and for the protection of investors and will not result in the duplication of existing utility services in the area served or to be served by the municipality.
History: L. 1947, ch. 107, ยง 3; April 16.
Structure Kansas Statutes
Chapter 10 - Bonds And Warrants
10-1203 Duplication of existing utility services; approval and finding by corporation commission.
10-1204 Revenue fund; use; application of 12-825d, 13-1269 to 13-1274.
10-1205 Liens on revenues of utilities; recitals; negotiability.
10-1207 Revenue bonds; terms; disposition of excess funds.
10-1210 Publication of intended improvements; protest; election.