KRS 106.200: Procedure for sale, conveyance, rental, or lease of waterworks system

owned by city of the home rule class.

No city of the home rule class which owns a waterworks system shall sell, convey, rent,

or lease the system without the assent of a majority of the legislative body for the city or

of those voting at an election held for that purpose after notice of the election has been

published pursuant to KRS Chapter 424. This section shall not apply to the issuance of

revenue bonds provided for under the provisions of this chapter.