KRS 164A.605: Procedures and limitations on issuance of consolidated educational

building revenue bonds, housing bonds, or bond anticipation notes.

Subject to the provisions of KRS 45.750 to 45.800 and KRS 56.870 to 56.874, the

governing boards may issue, under th e provisions of KRS 162.340 to 162.380,

consolidated educational building revenue bonds, housing bonds, or bond anticipation

notes. The board of the institution shall submit to the State Property and Buildings

Commission a request for approval of the project before any financial commitment of any

sort may be made in connection therewith, including employment of architects, engineers,

fiscal agents, or attorneys. Personal service contracts for fiscal agents and bond counsel

shall be subject to KRS 45A.690 to 45A.725 and architects and engineers shall be

selected as provided in KRS 164A.590. After approval by the commission, the governing

board shall appoint fiscal agents, bond counsel, and architects and engineers as may be

required to make plans and specific ations or financial arrangements for the project. The

date of sale on such issues shall be coordinated with the Finance and Administration

Cabinet to avoid a conflict with other state bond issues.