12-6a33. Same; sources for payment of costs of project. The cost of all or a portion of any project authorized pursuant to this act shall be paid from all or any of the following sources:
(a) A pledge of special assessments imposed in the district pursuant to this act which have been paid in full prior to the date set aside by the governing body as provided in K.S.A. 12-6a10, and amendments thereto.
(b) A pledge of special assessments imposed in the district pursuant to this act, to be paid in installments.
(c) A pledge of all of the revenue received from the community improvement district sales tax authorized by K.S.A. 2021 Supp. 12-6a31, and amendments thereto.
(d) A pledge of a municipality's full faith and credit to use its ad valorem taxing authority for the repayment of full faith and credit bonds issued pursuant to K.S.A. 2021 Supp. 12-6a36, and amendments thereto.
(e) Any other funds appropriated by the municipality for the purpose of paying project costs including the principal and interest of bonds issued pursuant to this act.
History: L. 2009, ch. 122, ยง 9; July 1.
Structure Kansas Statutes
Chapter 12 - Cities And Municipalities
Article 6a - General Improvement And Assessment Law
12-6a01 Procedures for certain improvements and for financing costs; definitions.
12-6a02 Same; special assessments; work or improvements authorized.
12-6a03 Same; combining improvements.
12-6a04 Initiation of improvement; notice and hearing, when; resolution determining advisability of.
12-6a05 Same; preparation of preliminary plans; reports; plans and specifications; estimates; bids.
12-6a06 Same; action by governing body; protests.
12-6a07 Apportionment of cost of improvement.
12-6a08 Financing costs; assessment plan; classifications, formulae and methods of assessment.
12-6a09 Financing costs; assessment rolls; notice and hearing.
12-6a10 Levy of assessments; interest rates; payment in full, when; payments by taxing units.
12-6a11 Same; limitation on action to set aside assessments.
12-6a12 Same; supplemental assessments; reassessments and new assessments, when.
12-6a13 Improvements; special improvement fund; tax levy, use of proceeds; limitation on fund.
12-6a14 Same; cost of improvements, how paid; limitations.
12-6a15 Same; bond elections, when.
12-6a16 Same; separate improvement funds; uses; balances.
12-6a17 Service assessments; collection; no-fund warrants; limitation on actions.
12-6a19 Assessment of benefit fee against property not in original improvement district.
12-6a20 Disclosure by seller; acknowledgment.
12-6a26 Community improvement district act; purposes of act.