Terms Used In Kansas Statutes > Chapter 12 > Article 58 - De Soto/Johnson County Riverfront Authority

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Authority: means the riverfront authority created by this act. See Kansas Statutes 12-5802
• Board: means the riverfront board created by this act. See Kansas Statutes 12-5802
• City: means the city of De Soto. See Kansas Statutes 12-5802
• Commission: means the county commission of Johnson county. See Kansas Statutes 12-5802
• Contract: A legal written agreement that becomes binding when signed.
• Conviction: A judgement of guilt against a criminal defendant.
• Council: means the city council of De Soto. See Kansas Statutes 12-5802
• County: means Johnson county. See Kansas Statutes 12-5802
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Mayor: means the mayor of De Soto. See Kansas Statutes 12-5802
• Metropolitan area: includes the area within the corporate limits of the city of De Soto and within five miles of the corporate limits along the Kansas river. See Kansas Statutes 12-5802
• Month: means a calendar month, unless otherwise expressed. See Kansas Statutes 77-201
• 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.
• Outlays: Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations. Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year.
• Property: includes personal and real property. See Kansas Statutes 77-201
• Quorum: The number of legislators that must be present to do business.
• Riverfront: means all real estate, equipment, rights and property useful for the purpose of recreation, along the banks of the Kansas river that runs through the city of De Soto and Johnson county. See Kansas Statutes 12-5802
• seal: includes an impression of the seal upon the paper alone, as well as upon wax or a wafer affixed to the paper. See Kansas Statutes 77-201
• State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
• Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
• Trustee: A person or institution holding and administering property in trust.
• Veto: The procedure established under the Constitution by which the President/Governor refuses to approve a bill or joint resolution and thus prevents its enactment into law. A regular veto occurs when the President/Governor returns the legislation to the house in which it originated. The President/Governor usually returns a vetoed bill with a message indicating his reasons for rejecting the measure. In Congress, the veto can be overridden only by a two-thirds vote in both the Senate and the House.