3-157. Same; bonds constitute lien on revenues of facilities; recitals in bonds; conclusive validity in favor of purchasers; negotiability; debt limits inapplicable. Such revenue bonds are hereby made a lien on the revenue produced from the operation or rental of such special facility but shall not be general obligations of the issuing municipality and shall not contain the recital set forth in K.S.A. 10-112, or any amendment thereof, but shall contain recitals stating the authority under which such bonds are issued; that they are issued in conformity with the provisions, restrictions and limitations of that authority and that such bonds and the interest thereon are to be paid by the issuing municipality from the revenues derived from the operation or rentals of said special facility and not from any other fund or source; that the same have been registered in the office of the clerk of the issuing municipality and the auditor of the state of Kansas respectively, and that said bonds are negotiable. All such revenue bonds when registered and issued as herein provided shall import absolute verity and shall be conclusive in favor of all persons purchasing such bonds; that all proceedings and conditions precedent have been held and performed to authorize the issuance thereof and such bonds shall be negotiable and shall be issued in addition to any statutory limits of bonded indebtedness of the issuing municipality.
History: L. 1974, ch. 6, ยง 5; July 1.
Structure Kansas Statutes
Chapter 3 - Aircraft And Airfields
Article 1 - Municipal Airports And Fields
3-114 Regulation or control of airport in certain cities; bond issue; tax levy, amount.
3-115 Rights and duties of cities.
3-116 Lease and use of airport.
3-118 Additional airports or fields in certain cities.
3-119a Joint ownership and operation by cities and counties; definitions.
3-120 Joint ownership and operation by cities and counties; contracts.
3-123 Same; rights and duties; eminent domain.
3-124 Same; police power extended.
3-125 Same; federal cooperation.
3-126 Transfer of control to board of public utilities in certain cities over 100,000; indebtedness.
3-127 Same; rates; employees; equipment; adjustment of water and light rates.
3-128 Same; franchises and property.
3-129 Same; duties of governing body; eminent domain.
3-130 Same; rules and regulations; claims and accounts; powers.
3-131 Same; duties of certain officers.
3-133 Same; bond limitations; liens.
3-134 Same; federal cooperation.
3-135 Same; invalidity of part.
3-139 Sale of airport near army or navy air base in second-class cities.
3-140 Same; notice by publication; petition for election; notice of election.
3-141 Same; disposition of moneys.
3-142 Sale of surplus real estate by two or more cities.
3-143 Same; negotiations; bids; deeds.
3-144 Same; disposition of proceeds.
3-144a Certain cities of the second class with two municipal airports.
3-144b Same; discontinuance of airport authorized, when; sale of land; resolution.
3-144c Same; contract; resolution; deed.
3-144d Same; disposition of proceeds of sale.
3-144e Certain cities of third class over 2,000 with municipal airport.
3-144f Same; purchase of additional real estate for runway; sale of property; resolutions; deeds.
3-144g Same; disposition of proceeds; use of funds.
3-144i Same; contract; appraisers; resolution; conveyance.
3-144j Same; advertisement for bids; sale, when; conveyance.
3-144k Same; deposit of proceeds; use of funds.
3-144l Sale of airport or airfield by certain cities of second class.
3-144m Same; resolution, publication; petition for election; notice, conduct of election.
3-144n Same; deed to purchaser.
3-144o Same; disposition of proceeds.
3-145 Revenue bonds in certain cities.
3-147 Same; how revenues kept and used.
3-148 Same; liens; negotiable.
3-150 Same; terms; disposition of excess funds.
3-151 Same; contracts; protest petition; election.
3-152 Bonds for additional facilities in certain cities under 80,000.
3-152a Bonds for improvements to airports in certain cities; petition and election, when.
3-155 Same; principal and interest payable solely from revenues.
3-156 Same; disposition and use of revenues derived from airport facilities.
3-158 Same; terms; disposition of excess funds.
3-160 Same; title to facilities to vest in municipality.
3-162 Airport authority in certain cities; establishment.
3-165 Same; transaction of business.
3-166 Same; contracts; employees.
3-167 Same; powers, authority and control.
3-168 Airport authority in certain counties; appointment of law enforcement officers.
3-169 Same; authority of law enforcement officers.
3-170 Same; qualifications of law enforcement officers.
3-171 Same; contracts of board of directors with city or county for police protection.