H.B. 2769 amends a statute dealing with powers of Johnson County Water District No. 1 to authorize the district to enter into financing leases or lease-purchase agreements for goods used by the district. The district board may authorize the general manager to enter into these agreements on behalf of the district within limitations established.
The bill was supported by Water District No. 1 as a needed enhancement of its powers.
The bill has no fiscal impact on the state.
1. *Supplemental notes are prepared by the Legislative Research Department and do not express legislative intent. The supplemental note and fiscal note for this bill may be accessed on the Internet at http://www.ink.org/public/legislative/fulltext-bill.html.