Statutes, codes, and regulations
Kentucky Revised Statutes
Title 9 - COUNTIES, CITIES, AND OTHER LOCAL UNITSChapter 96 - UTILITIES IN CITIES
WATERWORKS IN CITIES
Section 96.370 - Issuance of bonds - Ordinance to authorize

Ky. Rev. Stat. § 96.370

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Current through 2024 Ky. Acts ch.225
Section 96.370 - Issuance of bonds - Ordinance to authorize

For the purpose of defraying the cost of acquiring any such waterworks and appurtenances or extensions thereto, either by purchase or construction, the city may borrow money and issue negotiable bonds, but only after an ordinance has been adopted specifying the proposed undertaking, the amount of bonds to be issued and the maximum rate of interest the bonds are to bear. The ordinance shall further provide that the proposed waterworks and appurtenances or extensions are to be acquired pursuant to the provisions of KRS 96.350 to 96.510.

KRS 96.370

Effective:10/1/1942
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. secs. 2741L-2, 2741L-24.