68-151n. Same; purposes; amount; conditions; tax levies to pay.
68-151n
68-151n. Same; purposes; amount; conditions; taxlevies to pay.The board of any such county may issue no-fund warrants without theapproval of the state court of tax appeals, to provideadditional funds to be used to pay a part of the cost of the relocation,construction, reconstruction and improvement of or the acquisition of a site orright-of-way for any road or bridge which is necessitated by the constructionof any dam or reservoir by the federal government and part of the total cost ofwhich is to be paid or reimbursed by the federal government. The total amountof such warrants shall not exceed the sum of one hundredfifty thousand dollars ($150,000). Such warrants shall be in the formand be issued, registered, bear interest and may be sold in the mannerprovided and all other things relating thereto done as prescribed inK.S.A. 79-2940, or acts amendatorythereof, except as herein otherwise expressly provided and except thatthey shall not bear the notation required by said section, but in lieuthereof they shall bear the notation "issued pursuant to authoritygranted by (giving a citation of this act)."
At the next tax levying time after the issuance of such warrantssuch board shall make a tax levy sufficient to pay the warrants and theinterest thereon, except that if the board determinesit to be advisable, said warrants may be issued to mature in twoapproximately equal annual installments and in such cases, such tax levy may bemade each year for a period of not to exceed two years. Thetax levies herein authorized shall be in addition to all other taxlevies authorized or limited by law and shall not be subject to theaggregate tax levy limit prescribed by K.S.A. 79-1947, and amendmentsthereto, or that may befixed by any other law of this state.
History: L. 1959, ch. 269, § 2;L. 2008, ch. 109, § 59; July 1.