Kansas Statutes 12-1767b. Same; revenue bonds issued by a county; resolution; protest petition; election
(a) Any revenue bonds proposed to be issued by a public building commission created by a county shall be issued as provided in Kan. Stat. Ann. § 10-1201 et seq., and amendments thereto, except to the extent that such statutes are in conflict with this act. Before any revenue bonds are authorized or issued under the provisions of this act, the public building commission shall adopt a resolution specifying the amount of such bonds and the purpose of the issuance thereof. The resolution shall provide that if within 30 days after the last date of publication of the resolution a petition in opposition to the resolution, signed by not less than 5% of the electors of the county is filed with the county clerk, the board shall submit the question to the voters at an election called for that purpose or at the next general election. Such resolution shall be published once a week for two consecutive weeks in the official county newspaper.
(b) No construction contract shall be let or approved by a public building commission until after the expiration of the protest period provided under this section.
Terms Used In Kansas Statutes 12-1767b
- Board: means the board of directors of the Kansas bioscience authority. See Kansas Statutes 12-1770a
- Contract: A legal written agreement that becomes binding when signed.
- General election: refers to the election required to be held on the Tuesday following the first Monday in November of each even-numbered year. See Kansas Statutes 77-201