Kansas Statutes 19-15,126. General obligation bonds for courthouse and jails in certain counties; issuance where authorized prior to repeal of authorizing statute; limitations
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Terms Used In Kansas Statutes 19-15,126
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
The board of county commissioners of any county which commenced the levy of a tax under the provisions of Kan. Stat. Ann. §§ 19-1563 or 19-1569 prior to the repeal of such statutes is hereby authorized to issue and sell in the manner provided by the general bond law, general obligation bonds of such county in an amount which would, together with the amount raised by the levies made under Kan. Stat. Ann. §§ 19-1563 or 19-1569, not exceed the amount stated in the resolution under which such tax levy was originally made. Any bonds issued hereunder shall not be subject to or within any bonded debt limitation prescribed by any other law of this state and shall not be considered or included in applying any other law limiting bonded indebtedness.