24 chapters · 1,542 sections in this title.
KRS § 216.100 Ordinance for bond issue
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Any city of the home rule class may, by ordinance, borrow money and issue negotiable bonds for the purpose of defraying the cost of purchasing, establishing, erecting and acquiring a municipal hospital and necessary appurtenances thereto. The ordinance shall specify the proposed …
KRS § 216.110 Interest rate and term of bonds
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All bonds issued under the provisions of KRS 216.100 to 216.220 may bear interest at a rate or rate or method of determining rates, payable at least annually, and shall be executed in a manner and be payable at times, not exceeding thirty (30) years from the date of the issue of …
KRS § 216.120 Negotiability of bonds -- Tax exemption -- Signatures -- How sold -- Not a city debt
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city debt. All bonds issued under KRS 216.100 to 216.220 shall be negotiable and shall not be subject to taxation. If any officer whose signature appears on the bonds or coupons ceases to be an officer before delivery of the bonds, the signature shall nevertheless be valid and su…
KRS § 216.130 Use of proceeds of bonds
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All money received from any bonds issued under KRS 216.100 to 216.220 shall be applied solely to the purchase, establishment, erection or acquisition of the municipal hospital and necessary appurtenances thereto, except that the money may be used also to advance the payment of in…