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Code · Kansas · Chapter 12 — Cities And Municipalities

12-1744. Same; pledge of facility and earnings.

62 words·~1 min read·/ks/chapter-12/12-1744

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12-1744. Same; pledge of facility and earnings. The governing body of the city by ordinance or the board of county commissioners by resolution may pledge the facility and the net earnings therefrom to the payment of the revenue bonds and the interest thereon, and may provide that the net earnings thereof shall be set apart as a sinking fund for that purpose.
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