United States — Kansas
Kansas Statutes § 10-1201 Definitions.
1 provisions
This provision defines “municipality,” “utility,” and “revenue bonds” for use in the act.
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United States — Kansas Statutes
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United States — Kansas
Kansas Statutes § 10-1202 Issuance, when; revenues; additional bonds; revenue bonds to construct electric generation facilities in certain first-class cities joining with privately owned utility; contracts or agreements; source of bond payment.
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Certain Kansas municipalities and first-class cities may issue revenue bonds, set utility rates, and make related financing arrangements, subject to the stated conditions.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-1203 Duplication of existing utility services; approval and finding by corporation commission.
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A municipality may not issue revenue bonds for utility projects that would duplicate service already provided by a private utility unless the state corporation commission approves it.
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Kansas Statutes § 10-1204 Revenue fund; use; application of K.S.A. 12-825d and 13-1269 through 13-1274.
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Utility revenue must be kept in a separate municipal fund and used only for operating and financing the utility, with two stated statutory exceptions.
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Kansas Statutes § 10-1205 Liens on revenues of utilities; recitals; negotiability.
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Revenue bonds tied to utility revenues must include specified recitals, are not general obligations of the issuing municipality, and are negotiable.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-1207 Revenue bonds; terms; disposition of excess funds.
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Revenue bonds under this act have set limits on maturity, interest, and total proceeds, and municipalities may not levy taxes to repay them.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-1208 Rates, fees and charges; depreciation or renewal and replacement fund; reserve fund; annual audit, filing; billing and collection of sewer service charges; discontinuance of water service.
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Municipal utility rates and sewer charges must be set to cover required costs and bond payments, annual audits are required, and sewer charge nonpayment can lead to water shutoff in some cases.
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Kansas Statutes § 10-120a Bond election; notice requirements.
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If a municipality is proposing a bond issue that requires an election, the governing body must include specified bond details in the election notice.
Notice Open & ChatUnited States — Kansas
Kansas Statutes § 10-121 Elections for acquisition of land.
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If an election is needed to authorize land acquisition or a public improvement, and it is tied to bond issuance and taxes, it must be held like a bond election unless it occurs at the same time as a general election.
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Kansas Statutes § 10-1210 Publication of intended improvements; protest; election.
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The municipality may approve and finance certain utility repairs and improvements, but it must publish notice first, and a protest can trigger an election.
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Kansas Statutes § 10-1211 Refunding of bonds.
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Certain municipalities may refund outstanding revenue bonds by issuing new revenue bonds or general obligation bonds, but general obligation bonds face notice, petition, election, and financial-condition requirements.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-1212 Act supplemental; election.
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Cities may issue bonds under this act only after the bond question is submitted to voters and approved by a majority, unless K.S.A. 10-1210 applies.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-1213 Duties of governing bodies of municipalities having board of public utilities; elections; costs.
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City governing bodies must act within 10 days after a written request from the board of public utilities to issue revenue bonds, and must sell the bonds as requested.
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Kansas Statutes § 10-122 Investment of sinking fund.
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Municipal officers may invest a sinking fund in authorized investments or qualifying Kansas municipal bonds, but not in certain local bonds over a 15% debt threshold.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-123 Temporary notes for improvements; issuance; renewal, when.
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A municipality may issue temporary notes for an approved improvement financed by bonds, but the notes must meet limits on interest, maturity, amount, and registration.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-124 Interest coupons receivable for taxes.
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When interest coupons come due, collecting officers must accept them as payment of the taxes for the issuing county, city, board of education, township, or school district, treating them like cash.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-125 Bonds covered by K.S.A. 10-101 through 10-125.
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This section says the act governs issuance of municipal bonds, unless another law specifically provides different rules.
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Kansas Statutes § 10-126 Printing of coupons; size and form.
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Coupons attached to Kansas or local government bonds must meet specified size and printing requirements, unless the state treasurer changes them with attorney general approval.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-127 Same; refusal by state treasurer to register.
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The state treasurer must refuse to register bonds that do not meet the coupon-printing rule, and municipalities may not attach interest coupons with different interest rates to their bonds.
Act or statute Open & ChatUnited States — Kansas
Kansas Statutes § 10-128 "Municipality" defined.
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This provision defines “municipality” and “municipalities” to include Kansas municipalities and governmental subdivisions authorized to issue bonds of indebtedness.
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