Chapter 3.35
ISSUANCE OF BONDS FOR PUBLIC IMPROVEMENTS
Sections:
3.35.02 Master plan for public improvements.
3.35.03 Procedure for issuance of bonds.
3.35.01 Exemption.
The city, by virtue of the powers vested in it by the Act, hereby elects to exempt itself from and make inapplicable to it the provisions of K.S.A. 14-570 and 14-571, and shall be governed by the following substitute and additional provisions contained herein. (C.O. No. 21 § 1)
3.35.02 Master plan for public improvements.
Whenever the city engineer, or other city employee or consultant, has prepared a master capital improvements plan (the “plan”) for the physical development of the city within the boundaries of the city, which plan (a) may include city infrastructure and utility improvements, the acquisition of necessary land, and the acquisition of equipment, vehicles or other personal property to be used in relation thereto, (b) may provide for assumption and payment of benefit district indebtedness heretofore created for public improvements and for refunding payments made on assessments when such benefit district indebtedness is assumed by the city, and (c) may require a number of years to execute, and such plan is or has been approved by the governing body, the city is hereby authorized to issue its general obligation bonds (the “bonds”) in an amount sufficient to carry out such plan and associated costs. (C.O. No. 21 § 2)
3.35.03 Procedure for issuance of bonds.
Before any bonds are authorized or issued pursuant to the charter ordinance codified in this chapter, the city shall adopt a resolution specifying the amount of such bonds and the purpose of the issuance thereof, which resolution shall be published one time in the official city newspaper. Such resolution may contain a provision that the issuance of the bonds be subject to a provision that if within 30 days after the date of publication of the resolution, a petition in opposition to the issuance of the bonds, signed by not less than 10 percent of the qualified electors of the city is filed with the city clerk, the city shall not have the authority to issue the bonds until such question is submitted to the electors of the city at a special election called for that purpose or at the next general election and approved by a majority of the electors of the city voting at such election. If such resolution is subjected to the foregoing protest provision and no such written protest is filed, or if such resolution is not subjected to the foregoing protest provision, the city may proceed to issue the bonds. Any election required by this section shall be conducted in the manner set forth in K.S.A. 10-120 by the election officer of the county in which the city is located. (C.O. No. 21 § 3)