76-342. Same; disposition of sale proceeds; use thereof.

563 words·~3 min read·/ks/chapter-76/76-342

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76-342. Same; disposition of sale proceeds; use thereof. All moneys received by said board of regents from the sale of said lands shall be paid into the state treasury and the state treasurer shall credit the same to a special account which shall be known as the "Kansas university medical center development plan area account." All moneys credited to said account shall only be used to acquire real estate for the enlargement of the campus of the university of Kansas medical center and the real property so acquired shall be located within the three areas encompassed by the medical center development plan expansion area.

The three areas encompassed by the medical center development plan expansion area are generally described as follows:

Number 1. Beginning at the intersection of the north ROW line of Olathe boulevard and the east ROW line of Eaton street; thence north along the east ROW line of Eaton street to its intersection with the south ROW line of 39 th avenue; thence east along the south ROW line of 39 th avenue to its intersection with the west ROW line of State Line avenue; thence south along the west ROW line of State Line avenue to its intersection with the north ROW line of Olathe boulevard; thence west along the north ROW line of Olathe boulevard to its intersection with the east ROW line of Eaton street, such point being the point of beginning.

The above property is made up of Lots 39 through 137, Muehlebach place, an addition now in and a part of Kansas City, Kansas, Wyandotte county.

Number 2. Beginning at the intersection of the north ROW line of 41 st street and the east ROW line of Francis street; thence north along the east ROW line of Francis street to its intersection with the south ROW line of Olathe boulevard; thence east along the south ROW line of Olathe boulevard to its intersection with the west ROW line of Eaton street; thence south along the west ROW line of Eaton street to its intersection with the north ROW line of 41 st avenue; thence west along the north ROW line of 41 st avenue to its intersection with the east ROW line of Francis street, such point being the point of beginning.

Number 3. Beginning at the intersection of the north ROW line of 39 th avenue and the east ROW line of Rainbow boulevard; thence north along the east ROW line of Rainbow boulevard to its intersection with a west extension of the center line of 38 th avenue; thence east along the west extension of the center line of 38 th avenue to its intersection with the west ROW line of Eaton street; thence south along the west ROW line of Eaton street to its intersection with the south ROW line of 38 th avenue; thence east along the south ROW line of 38 th avenue to its intersection with the west ROW line of Cambridge street; thence south along the west ROW line of Cambridge street to its intersection with the north ROW line of 39 th avenue; thence west along the north ROW line of 39 th avenue to its intersection with the east ROW line of Rainbow boulevard, such point being the point of beginning.

The three parcels of land described above are adjacent to the present medical center campus.