42-712. Bonds of indebtedness. Any irrigation district created under the provisions of this act, after it has obtained from the chief engineer, his approval of its plans, maps, specifications, surveys and examinations for proposed irrigation works and projects, and after it has obtained from the chief engineer his approval of its application for an acquisition of beneficial use of water for irrigation purposes, and permit therefor, shall have the power and it is hereby authorized to issue the bonds of said district or otherwise obtain funds as authorized in this act, for the purpose of building and constructing dams, reservoirs, canals, ditches, pumping plants, and electric power and gas lines for operation of same, and/or for the purchasing or condemning lands, water rights and easements, and other necessary property for the construction of the proposed system of irrigation within said district. Said bonds shall mature serially, the first installment of principal shall mature not less than two years, and the last installment not more than forty years from the date of said bonds. The amount of installment payments of principal may be such that the increase thereof from year to year shall approximately equal the decrease from year to year in the interest on the bonds remaining unpaid. Said bonds shall bear interest at a rate to be fixed by the board.
History: L. 1941, ch. 262, ยง 12; June 30.
Structure Kansas Statutes
42-702 Powers and duties of chief engineer; expenses; bond or deposit for costs.
42-704 Permit by chief engineer; articles of incorporation; filing fee; nature of corporation.
42-705 Perpetual existence; powers; eminent domain; bonds; tax levies.
42-709 Provision for preliminary expenses.
42-710 General plan of operation; approval by chief engineer; surveys, maps and estimates.
42-713 Bond resolution; election; publication notice.
42-714 Issuance, sale and delivery of bonds.
42-715 Annual assessments; duties of assessor; map.
42-716 Water rentals or charges.
42-717 Delivery of assessment roll; equalization of assessments.
42-718 Certification of levies to county clerk.
42-719 Compensation of directors.
42-720 Bids for construction work; publication notice; contractor's bond.
42-722 Dissolution of district; petition to chief engineer.
42-722a Cedar Bluff irrigation district No. 6; dissolution; procedure.
42-726 Same; notice by publication; objections in writing.
42-727 Same; hearing on petition.
42-728 Same; payments by petitioners may be required.
42-729 Same; order on petition.
42-730 Same; amendment to articles of incorporation; recordation; effect.