There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 224A KENTUCKY INFRASTRUCTURE AUTHORITY
224A.090 Payment of study expenses from revenue bond proceeds.
Download pdfand coordination with the State Water Pollution Agency, the executive director of the
authority shall cause to be expended out of any funds available for said purposes such
moneys as are necessary for the study of any proposed eligible project, to determine as to
whether a state grant shall be awarded in connection with any eligible project. All such
expenses incurred prior to the issuance of any revenue bonds by the authority shall be
charged and allocated to the appropriate eligible project, and upon the sale of authority
revenue bonds or notes to provide funds for eligible projects, the funds so expended in
connection with the study of such individual eligible projects shall be reimbursed from
the proceeds of such bonds or notes. History: Created 1972 Ky. Acts ch. 329, sec. 9.
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