K.S.A. 80-113: Bonds for reconstruction, repair and equipment of buildings; amount authorized; election.

(a) For the purpose of obtaining funds for the reconstruction, repair and equipment of township buildings, a township board may issue general obligation bonds as follows:

(1) For any township with a population of not more than 5,000, the township board is authorized to issue general obligation bonds in an amount not to exceed 1% of the assessed tangible valuation of such township;

(2) for any township with a population of more than 5,000 but not more than 10,000, the township board is authorized to issue general obligation bonds in an amount not to exceed 5% of the assessed tangible valuation of such township; and

(3) for any township with a population of more than 10,000, the township board is authorized to issue general obligation bonds in an amount not to exceed 10% of the assessed tangible valuation of such township.

(c)* No township shall issue any such bonds until and after an election therefor has been held in accordance with the provisions of K.S.A. 80-104 and 80-105, and amendments thereto.