24-518. Record of bonds; levy for interest and sinking fund. A record shall be kept by the secretary of the board of directors of all bonds issued under this act, showing the date, number and amount thereof, and when the same become due, and it shall be the duty of the board of directors to annually levy and certify to the clerk of each county in which the drainage district is located a tax upon all of the lands and other real property in the county and within the drainage district sufficient in amount to pay the interest on all bonds, and after 10 years from the date of issue, and each year thereafter, to provide a levy sufficient for the redemption of maturing bonds. All special assessments for the redemption of bonds shall be levied against the property in proportion to the benefits derived from the improvements.
History: L. 1911, ch. 170, § 18; R.S. 1923, 24-518; L. 1983, ch. 49, § 74; May 12.
Structure Kansas Statutes
Chapter 24 - Drainage And Levees
Article 5 - Drainage In Valley Of Natural Watercourse
24-501 Drainage districts organized in valley of natural watercourse; procedure.
24-502 Petition; time for hearing; notice.
24-502a Inclusion of land located in other benefit districts.
24-503 Hearing on petition; report to secretary of state.
24-504 Proclamation by governor; date for election of directors; record of proceeding.
24-505 Places for holding elections; judges and clerks.
24-506 Board of directors, qualifications; term.
24-507 List of freeholders; persons entitled to vote.
24-508 Ballots and nominations.
24-510 First meeting of directors; organization of board; definition of boundaries of district.
24-511 Appeal on location of boundary line.
24-513 Engineer; salary; duties.
24-514 Rules for plans, specifications and estimates.
24-516 Bond election; notice; canvass of returns.
24-518 Record of bonds; levy for interest and sinking fund.
24-519 Benefits assessment commission; compensation, duties.
24-520 Apportionment of benefits.
24-522 Prevention of overflow of natural watercourse.
24-523 Filing of benefits assessment commission report; notice of assessments; appeal.
24-524 Hearing of complaints; notice; report.
24-525 Letting of contracts for work; bond of contractor.
24-526 Smaller district previously organized; application of act.
24-527a Vacancy on board; appointment.