KRS 183.630: Governmental unit may issue revenue bonds for airport purposes.

For the purpose of defraying the cost of acquiring, constructing, maintaining, expanding,

financing or improving any airport facilities or air navigation facilities, or any part thereof

or interest therein, or contract for services therefrom the cabinet may, with the approval of

the Governor, borrow money and issue negotiable bonds. A governmental unit may

borrow money and issue negotiable bonds, for the same purposes, but only after an

ordinance or resolution has been adopted by the legislative body specif ying the proposed

undertaking, the amount of bonds to be issued and the maximum rate of interest the

bonds are to bear. The ordinance or resolution shall further provide that the revenue

bonds are to be issued pursuant to the provisions of KRS 183.630 to 183.740.