Kansas Statutes 27-336. Same; dissolution of authority; procedure; conditions
Terms Used In Kansas Statutes 27-336
- Authority: means a surplus property and public airport authority created pursuant to this act. See Kansas Statutes 27-318
- City: means a city to which this act applies as provided in Kan. See Kansas Statutes 27-318
- county: means a county to which this act applies as provided in Kan. See Kansas Statutes 27-329
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Property: means any interest in any real or personal property within or without the city acquired by said city or available for acquisition by the authority from:
(1) The United States or any of its agencies pursuant to the federal property and administrative services act of 1949, as amended, the surplus property act of 1944, as amended, the federal airport act of 1946, as amended, and any other federal law relating to disposition of property owned or held by the United States or any of its agencies;
(2) The state of Kansas, any political subdivision thereof, or any municipality therein under the provisions of any applicable statutes of the state of Kansas or municipal ordinances; or
(3) Any other source authorized by this act. See Kansas Statutes 27-318
The authority may be dissolved by a two-thirds (2/3) majority vote of the governing body of the city and the board of county commissioners, and all property belonging to the authority shall thereupon be distributed to the city and county in the manner agreed upon by the governing bodies of the city and county. The authority shall not be dissolved hereunder unless and until all of its liabilities, bonds and other valid indebtedness have been paid in full or have been otherwise discharged.