TOPEKA, Kan. (AP) _ Kansas House members are expected to give
final approval to a bill that will give Junction City more time to
pay down its debt related to growth at Fort Riley.
The bill on final action Thursday would give the city an
additional three years to reduce the ratio of outstanding debt to
its total property valuation. The limit would remain at 37 percent
under the bill through June 30, 2016. Approval by the House sends
the bill to the Senate.
Junction City issued the bonds in the past decade to make
improvements related to the return of the 1st Infantry Division to
Fort Riley. City officials and supporters of the debt extension
said the anticipated growth didn't occur to the level expected,
leaving the city in financial difficulty.