There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 106 ACQUISITION OF WATERWORKS BY CITIES AND WATER DISTRICTS
106.050 Authority to borrow money and issue bonds.
Download pdfconstruction any such waterworks, including real and personal property of same and
appurtenances or extensions thereto, the water district or the city may borrow money and
issue negotiable bonds, but only after a resolution has been adopted by the water district
commissioners or an ordinance has been adopted by the legislative body of the said city
specifying the proposed undertaking, the amount of bonds to be issued and the maximum
rate of interest the bonds are to bear. Effective: June 17, 1954
History: Created 1954 Ky. Acts ch. 18, sec. 5, effective June 17, 1954.
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