Kansas Statutes 68-587. Same; bond debt limitation
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Terms Used In Kansas Statutes 68-587
- County: means any county. See Kansas Statutes 68-580
- 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 total bonded indebtedness for the purposes described in Kan. Stat. Ann. § 68-586, whether for one or more issuances, shall not at any time in the aggregate exceed four percent (4%) of the total assessed valuation of such county, and any bonds issued under the provisions of this act 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. All tax levies made to retire such bonds shall be in addition to and not limited by any other act authorizing or limiting the tax levies of such counties.