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Kan. Stat. Ann. § 12-3424

Same; segregation and use of proceeds; contracts for buildings and facilities

Kansas · Kansas Statutes Annotated Chapter 12 — Cities and Municipalities · Status: effective

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Kan. Stat. Ann. § 12-3424, Same; segregation and use of proceeds; contracts for buildings and facilities, Kansas, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2435823
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The proceeds to be derived from the sale of bonds herein authorized shall be segregated and used solely for the purpose for which the bonds are authorized. The board of directors of a port authority is authorized to make any contracts and execute all instruments which in its discretion may be deemed necessary or advisable to provide for the construction, furnishing and equipping of any building or facility as herein defined.