10-309. Limitation on bonded indebtedness of cities; exceptions. Notwithstanding the provisions of K.S.A. 10-308, and amendments thereto: (a) Bonds issued by any city for the purpose of acquiring, enlarging, extending or improving any storm or sanitary sewer system; or (b) bonds issued by any city for the purpose of acquiring, enlarging, extending or improving any municipal utility; or (c) bonds issued by any city to pay the cost of improvements to intersections of streets and alleys or that portion of any street immediately in front of city or school district property, shall not be included in computing the total bonded indebtedness of the city for the purposes of determining the limitations on bonded indebtedness provided in K.S.A. 10-308, and amendments thereto.
History: L. 1978, ch. 52, § 2; L. 1982, ch. 57, § 2; L. 1989, ch. 53, § 1; July 1.
Structure Kansas Statutes
Chapter 10 - Bonds And Warrants
Article 3 - Limitation Of Bonded Indebtedness
10-306 Counties; bonded debt limitations.
10-307 Counties; certain bonds excluded in computing bonded indebtedness.
10-309 Limitation on bonded indebtedness of cities; exceptions.
10-310 Computation of valuation for bonded indebtedness limitation purposes.