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82a-1360. Financing of large reservoir projects; definitions. As used in K.S.A. 82a-1360 to 82a-1368, inclusive, unless the context otherwise requires:

(a) "Director" means the director of the Kansas water office.

(b) "Revenue bonds" means bonds issued pursuant to this act and payable as to both principal and interest from (1) the revenue derived from water supply contracts with water users who will derive benefits from the construction of a large reservoir project or from the purchase of space in existing reservoirs; (2) the revenue from participants in water assurance programs; (3) in the discretion of the director, the proceeds of any grant-in-aid which may be received from any source; or (4) any one or more of the foregoing.

(c) "Large reservoir project" means a structure that has been planned, authorized and constructed by the federal government or the state of Kansas which contains waters for conservation storage water supply.

History: L. 1986, ch. 394, ยง 7; July 1.

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