82a-2208. Same; fund created by district. A fund shall be created by the district for the project and identified by a suitable title. The proceeds from the sale of bonds and any other moneys appropriated by the governing board for such purpose shall be credited to such fund. Such fund shall be used solely to pay the costs of the project. Upon payment of the principal and interest on the bonds, if any, the governing board shall have authority to spend any moneys remaining in the fund for the purpose of management and operation of the project.
History: L. 2004, ch. 65, ยง 8; Apr. 15.
Structure Kansas Statutes
Chapter 82a - Waters And Watercourses
Article 22 - Horsethief Reservoir Benefit District.
82a-2201 Horsethief reservoir benefits district; powers.
82a-2204 Same; governing body; membership; terms; powers and duties.
82a-2206 Same; suit to set aside creation of district, limitation.
82a-2207 Same; payment of costs of project.
82a-2208 Same; fund created by district.
82a-2209 Same; issuance of bonds by districts; characteristics; procedures.