(a) The following are designated as main trafficways of the city pursuant to K.S.A. 12-685 et seq. for purposes of bond financing certain improvements:
(1) Nelson Street located within the limits of the City.
(K.S.A. 12-685 et seq.; Ord. 381; Code 2018)
The levy and imposition of a one percent (1.00%) City-wide general purpose retailers’ sales tax and application of the revenue received therefrom to finance the costs of repair, reconstruction and upgrading of City streets; continual repair of the City’s water infrastructure; park improvements; and other general operating and capital improvement expenses of the City, are hereby authorized and directed, with the collection of the sales tax to commence on January 1, 2013, or as soon thereafter as permitted by law.
(Ord. 380; Code 2018)
(a) Fund established. In accordance with the provisions of K.S.A. 12-1,118 of the Kansas Statutes Annotated, there is hereby established a municipal capital improvements fund, which shall be used by the city to finance, in whole or in part, any public improvement need set forth in the city’s capital improvement plan.
(b) Policy objective. It is the policy objective of the Governing Body that such capital improvements fund shall be used as a financing mechanism for the repair, restoration and rehabilitation of existing public facilities. It is the further intent of the Governing Body to utilize current revenues to be credited to the fund, to the maximum extent possible to meet the city’s present and future public infrastructure needs and to avoid the costs of unnecessary indebtedness.
(c) Use for studies. Moneys in such fund may be used to pay the cost of engineering and other advanced public improvement plans and studies, with the fund periodically reimbursed from fund proceeds, special assessments or state or federal aid that may be available for the completed project.
(d) Plan of operation. The city clerk shall submit to the governing body a plan of operation for the implementation of this section. Said plan of operation shall be submitted at the same time that the propose budget is submitted and shall include a 5-year outline of proposed capital improvements and a proposed means to finance those improvements.
(e) Investing. Moneys in the capital improvements fund shall be invested in accordance with the provisions of K.S.A. 10-131 and amendments thereto, with interest earnings credited to such fund.
(Ord. 266; Code 2018)
(a) Establish Street and Highway Fund. There is hereby established a consolidated street and highway fund. Monies received by the City from the State of Kansas under the provisions of K.S.A. 68-416 and 79-3425c, and amendments thereto, shall be credited to said fund.
(b) Annual Budgeting of Funds. The City is hereby authorized to annually budget the transfer of monies in the general or other operating funds budgeted for street and highway purposes to said consolidated street and highway fund.
(c) Use of Funds. Any monies received by the City pursuant to subsection (b)(3) of K.S.A. 68-416i and amendments thereto and credited to such fund shall be used solely for the maintenance of streets and highways in the city designated by the Secretary of Transportation as city connecting links.
(Ord. 244; Code 2018)