220.490 Original issue may include bonds for additions and improvements.
73 words·~1 min read·
/ky/chapter-220/220-490A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any sanitation district acquiring any works pursuant to the provisions of KRS 220.010 to 220.520 may, at the time of issuing the bonds for such acquisition, authorize the issuance of additional bonds for extensions and permanent improvements to be placed in escrow and to be negotiated from time to time as proceeds for that purpose are necessary. Such bonds, when so negotiated, shall have equal standing with the bonds of the same issue.