75-4299 Same; administration by state treasurer; purpose; limitation; rules and regulations; annual report; review by legislature.
75-4299. Same; administration by state treasurer; purpose; limitation; rules and regulations; annual report; review by legislature. (a) (1) The state treasurer is hereby authorized to administer the city utility low-interest loan program. The state treasurer and any city are hereby authorized to enter into binding commitments for the provision and receipt of loans in accordance […]
75-42,100 Same; loan applications; participation in program; requirements.
75-42,100. Same; loan applications; participation in program; requirements. (a) The state treasurer is hereby authorized to disseminate information and to provide loan applications as soon as practicable on or after March 4, 2021, to cities for participation in the program. (b) A city shall forward to the state treasurer an application in the form and […]
75-42,101 Same; procedures; loan payments, electronic fund transfer; penalty; deposit of loan payment moneys.
75-42,101. Same; procedures; loan payments, electronic fund transfer; penalty; deposit of loan payment moneys. (a) The state treasurer may accept or reject an application based on the state treasurer’s evaluation of whether the city meets the requirements of the program. If sufficient funds are not available for a loan, the applications may be considered in […]
75-42,102 Same; program controls over conflicting provisions; loans not bonded indebtedness.
75-42,102. Same; program controls over conflicting provisions; loans not bonded indebtedness. (a) To the extent that any provisions of K.S.A. 2021 Supp. 75-4297 through 75-42,102, and amendments thereto, conflict with the provisions of article 42 of chapter 75 of the Kansas Statutes Annotated, or any other provision of law, the provisions of K.S.A. 2021 Supp. […]
75-4279 Same; housing loan deposit loan packages; adult care home loans; participation in program; requirements.
75-4279. Same; housing loan deposit loan packages; adult care home loans; participation in program; requirements. (a) The state treasurer is hereby authorized to disseminate information and to provide housing loan deposit loan packages to the lending institutions eligible for participation in this act. (b) The housing loan deposit loan package shall be completed by the […]
75-4295 Same; funding of loans; rate of loans.
75-4295. Same; funding of loans; rate of loans. Upon the placement of an economic recovery loan deposit with an eligible lending institution, the institution shall fund the loan to each approved eligible borrower listed in the economic recovery deposit loan package in accordance with the economic recovery loan deposit agreement between the institution and the […]
75-4280 Same; procedures; agreement.
75-4280. Same; procedures; agreement. (a) The state treasurer may accept or reject a housing loan deposit loan package based on the state treasurer’s evaluation of whether the loan to the eligible developer borrower meets the purposes of this act. If sufficient funds are not available for a housing loan deposit, then the applications may be […]
75-4296 Same; state and state treasurer not liable to lending institution.
75-4296. Same; state and state treasurer not liable to lending institution. The state of Kansas and the state treasurer shall not be liable to any eligible lending institution in any manner for payment of the principal or interest on any economic recovery loan deposit loan to an eligible borrower. Any delay in payments or default […]
75-4281 Same; loans; rate.
75-4281. Same; loans; rate. (a) Upon the placement of a housing loan deposit with an eligible lending institution, the institution shall fund the loan to each approved eligible developer borrower listed in the housing loan deposit loan package in accordance with the housing loan deposit agreement between the institution and the state treasurer. The loan […]
75-4297 City utility low-interest loan program; citation.
75-4297. City utility low-interest loan program; citation. (a) K.S.A. 2021 Supp. 75-4297 through 75-42,102, and amendments thereto, shall be known and may be cited as the city utility low-interest loan program. (b) The city utility low-interest loan program shall be a part of and supplemental to article 42 of chapter 75 of the Kansas Statutes […]