A CHARTER ORDINANCE EXEMPTING THE CITY OF HOISINGTON, KANSAS, FROM THE PROVISIONS OF K.S.A. 12-834 RELATING TO BONDS FOR GAS WATER, LIGHT, HEAT, STREET, RAILWAY OR TELEPHONE SERVICE AND PROVIDING SUBSTITUTE AND ADDITIONAL PROVISIONS OF THE SAME SUBJECT.
Section 1. The City, by the power vested in it by Article 12, Section 5, of the Constitution of the State of Kansas, hereby elects to exempt itself from and make inapplicable to it the provisions of K.S.A. 12-834 and to provide substitute and additional provisions as set forth in this Ordinance. Such referenced provisions are either enactments or a part of enactments which are applicable to the City but are not applicable uniformly to all cities. Such substitute and additional provisions of K.S.A. 12-834 shall be as follows:
Whenever and as often as the governing body of the City of Hoisington, Kansas determines that the necessities of the City require the issuance of general obligation bonds of such city for the purpose of purchasing and improving, or purchasing, constructing or extending works for the purpose of supplying such city and its inhabitants with natural gas, water, electric light, or heating or street-railway or telephone service, it shall be lawful for the governing body of such city by ordinance duty passed to direct the issuance of such bonds.