Session Law

Identifying Information:L. 2002 ch. 053
Other Identifying Information:2002 House Bill 2708
Tax Type:Other
Brief Description:An Act concerning the Johnson county park and recreation district; relating to the acquisition of property and the issuance of bonds; amending K.S.A. 19-2874 and repealing the existing section.
Keywords:


Body:

CHAPTER 53

HOUSE BILL No. 2708


An Act concerning the Johnson county park and recreation district; relating to the acqui-

sition of property and the issuance of bonds; amending K.S.A. 19-2874 and repealing


the existing section.


Be it enacted by the Legislature of the State of Kansas:

Section 1. K.S.A. 19-2874 is hereby amended to read as follows: 19-

2874. The park district may issue bonds to acquire real estate and may

issue bonds to improve the park system or any part thereof: Provided,

That. The board may submit the question of the issuance of bonds to

acquire real estate and for the improvement thereof may be provided for

in one proposition: Provided further, That. No bonds shall be issued un-

less authorized by a majority of all the votes cast on the proposition by

the qualified electors of the district at an election called and held for the

purpose. A proposition to acquire real estate shall describe any real estate

to be acquired and the location thereof for any given park or playground

site. Any propositions The proposition shall specify the purpose for which

the bonds are to be issued and the school district within which any real

estate proposed to be acquired is located. Any proposition for bonds for

improvements shall describe the kind or kinds of improvements proposed

to be made but need not specify the amounts to be spent for any given

improvements. The bonded indebtedness of the park district shall not

exceed one and one-half percent (11/2%) 11/2% of the assessed taxable

tangible valuation of the park district at any one time. Except as otherwise

provided, all bonds shall be issued as provided by the general bond law

in article 1 of chapter 10 of the Kansas Statutes Annotated and amend-

ments thereto except as otherwise provided by this act. All bonds issued

under this act shall be general obligations of the park district and the park

board shall levy taxes upon all assessed taxable tangible property within

the park district to pay the bonds and interest thereon as the same mature

and come due.

Sec. 2. K.S.A. 19-2874 is hereby repealed.

Sec. 3. This act shall take effect and be in force from and after its

publication in the statute book.

Approved April 9, 2002.


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Date Composed: 10/10/2002 Date Modified: 10/10/2002