80-2526. Same; revenue bonds; pledge of certain revenues. At or prior to the issuance of revenue bonds under authority of this act, the board shall pledge either the gross or the net income and revenues of the hospital to the payment of principal and interest of such revenue bonds and shall covenant to fix, maintain and collect such fees and charges for the use of the hospital as will produce revenues sufficient to pay the reasonable cost of operating and maintaining the hospital and to provide and maintain an interest and sinking fund in an amount adequate to promptly pay both principal and interest on such bonds and to provide a reasonable reserve fund. The board may agree to pay the cost of operation and maintenance of the hospital from any other revenues of the hospital or of the board legally available for such purpose. In addition, the board in its discretion may pledge to the payment of principal and interest of such revenue bonds the proceeds of any gift, grant, donation or bequest which may be received by the hospital or board from any source.
History: L. 1984, ch. 374, ยง 26; July 1.
Structure Kansas Statutes
Chapter 80 - Townships And Township Officers
Article 25 - Hospitals And Health Care Facilities
80-2502 Existing hospitals and districts governed by act; exceptions.
80-2504 Same; hospital board; election; notice; term; annual meeting.
80-2505 Same; transfer of hospital, property and funds to district.
80-2507 Same; selection of members of board of existing hospital.
80-2508 Methods to select members of board; terms; qualifications; filing fees; ballots.
80-2509 Same; hospital board; oath; organization; treasurer's bond; meetings; records and reports.
80-2510 Same; hospital board; compensation; expenses.
80-2512 Same; annual meeting of electors of district; notice.
80-2513 Same; bonds; election; use of proceeds; debt limitation.
80-2514 Same; construction projects; bids.
80-2515 Same; construction projects; architect; contracts; bids.
80-2517 Same; lease of hospital property; contracts for management of hospital; authority to sue.
80-2519 Same; no-fund warrants; procedure; election; limitation.
80-2520 Same; sale of hospital property; procedures; financing for construction authorized, when.
80-2521 Same; title to property.
80-2522 Same; attachment of territory to district; procedure; petition.
80-2523 Same; attachment of territory located in another district.
80-2524 Same; disorganization of hospital, when.
80-2525 Revenue bonds; procedure to issue; petition; election.
80-2526 Same; revenue bonds; pledge of certain revenues.
80-2527 Same; revenue bonds; not an indebtedness of hospital; exempt from debt limit.
80-2528 Same; revenue bonds; negotiability; interest rate; terms.
80-2529 Same; revenue bonds; covenants and agreements.
80-2530 Same; revenue bonds; deposit of proceeds.
80-2531 Same; revenue bonds; tax exemptions.
80-2532 Same; revenue bonds; investment of proceeds.
80-2549 Attica hospital district no. 1; election on bonds validated.
80-2551 Health care facilities and services hospital districts; existence continued under act.
80-2553 Provisions of act supplemental to general hospital laws.
80-2556 Formation of certain hospital districts in Linn County.