A CHARTER ORDINANCE EXEMPTING THE CITY OF GARNETT, KANSAS FROM THE PROVISIONS OF K.S.A. 75-117 (SUPP.) 75-1120 (SUPP.) 75-1121 (SUPP.) AND 75-1122 (SUPP.), SO AS NOT TO REQUIRE THE CITY OF GARNETT, KANSAS TO MAINTAIN FIXED ASSET RECORDS AND OBSERVE FIXED ASSET ACCOUNTING PRACTICES.

BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF GARNETT KANSAS:

SECTION 1: That the City of Garnett, Kansas, a city of the second class, which, and by virtue of the powers vested in it by Article 12, Section 5 of the Constitution of the State of Kansas, does hereby elect to exempt itself and does hereby exempt itself from the provisions of K.S.A. 75-117, 75-1120, 75-1121, and 75-1122, all as amended by the 1978 Supplements thereto, and makes said statutes, and each of them, inapplicable to the City of Garnett, Kansas, insofar as said statutes require the City of Garnett, Kansas to maintain fixed asset records and to observe fixed asset accounting practices.

(12-10-1980)