Kan. Stat. § 12-12,102

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 12-12,102 - Library district bonds; election
(a) The library district board may issue general obligation bonds of the library district for the purpose of paying the cost of constructing, reconstructing, repairing, remodeling, furnishing and equipping any library building or additions thereto, including any sites therefor. Bonds issued pursuant to this section shall not be subject to or within any bonded debt limit of the city of Eudora or Eudora township. The library district may levy a tax sufficient to pay the principal and interest on such bonds.
(b) The question of issuing general obligation bonds shall be submitted to the qualified electors of the library district. The election shall be called and held, and the bonds issued in accordance with the provisions of the general bond law. An election may be conducted pursuant to the mail ballot election act, K.S.A. 25-431 et seq., and amendments thereto. If a majority of persons eligible to vote approve the bond issue proposition, the bonds may be issued.
(c) The bonds shall not be considered a debt obligation of the city of Eudora or the Eudora township.

K.S.A. 12-12,102

L. 2019, ch. 12, § 9; April 11.