K.S.A. » Chapter 12
Kansas Statutes Annotated

K.S.A. § 12-1744e (2026)

Same; notice of intent to enter lease-purchase agreement with retailer to be published in paper; inducement resolution on file

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12-1744e. Same; notice of intent to enter lease-purchase agreement with retailer to be published in paper; inducement resolution on file. Whenever any city or county proposes to issue revenue bonds under the authority of K.S.A. 12-1740 et seq., and amendments thereto, and to enter into a lease or lease-purchase agreement with a retailer, as defined in K.S.A. 79-3602, and amendments thereto, the governing body of such city or county shall, at least seven days prior to adopting an ordinance or resolution authorizing the issuance of such revenue bonds cause a notice of such intent to be published once in the official city or county newspaper. Such publication shall also state that a copy of the inducement resolution is on file with the city or county clerk and is available for public inspection during normal business hours.

History: L. 1978, ch. 61, § 1; L. 1981, ch. 74, § 12; July 1.

CASE ANNOTATIONS

1. Leases under act true leases, not mortgages, and therefore subject to assumption/rejection requirements of bankruptcy code. In re Petroleum Products, Inc., 72 B.R. 739, 741 (1987).

Notes of Decisions
Cited in 2 cases, 1987–2008 · leading case: Genesis Health Club, Inc. v. City of Wichita, 181 P.3d 549 (Kan. 2008).
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Genesis Health Club, Inc. v. City of Wichita, 181 P.3d 549 (Kan. 2008). “12-1744a (at least 7 days prior to the issuance of any IRBs); K.S.A. 12-1744e (at least 7 days prior to adopting an ordinance authorizing the issuance of the IRBs); K.”
In re Petroleum Prods., Inc., 72 B.R. 739 (Bankr. D. Kan. 1987). “On June 16, 1980, by resolution, the City of McPherson authorized a letter of intent, pursuant to § 12-1744e of the Economic Development Revenue Bond Act, K.”
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