[Charter Ord. No. 32, 6-23-2021]
A. 
Exemption. The City, by virtue of the powers vested in it by the Act, hereby elects to exempt itself from and make inapplicable to it the provisions of K.S.A. 14-570 and K.S.A. 14-571 and shall be governed by the following substitute and additional provisions contained herein.
B. 
Master Plan For Public Improvements. Whenever the City Administrator has filed with the Governing Body a master capital improvements plan (the “Plan”) for the physical development of the City within the boundaries of the City, including the acquisition of land necessary therefore, the acquisition of equipment, vehicles or other personal property to be used in relation thereto, and may provide for assumption and payment of benefit district indebtedness heretofore created for public improvements, and which Plan may require a number of years to execute, and such Plan is approved by the Governing Body, the City is hereby authorized to issue its general obligation bonds (the “Bonds”) in an amount sufficient to carry out such Plan and associated costs.
C. 
Procedure For Issuance Of Bonds. Before any bonds are authorized or issued pursuant to this Charter Ordinance, the City will adopt a resolution specifying the amount of such bonds and the purpose of the issuance thereof. The resolution will be effective upon adoption and the City may proceed to issue the bonds.