68-439. Same; repayment of funds.
68-439
68-439. Same; repayment of funds.When the secretary of transportation has agreed to schedulean improvementproject to begin construction within one year and has agreed that local participationin supplying funds is desirable, the governing bodyof any city may participate with the state by providing funds for thestate's share of any highway improvement in the city. Such funds may beprovided from the proceeds of bonds issued under K.S.A. 68-437.The secretary of transportation may contract withany city regarding the repayment of all or any part of any funds furnishedby such city and may provide for the repayment thereof from the statehighway fund.If such funds are derived from bonds issued pursuant to K.S.A. 68-437,any repayment thereof shall be deposited in the city general fund.
History: L. 1985, ch. 232, § 3; July 1.