KRS 183.730: Additional bonds, purposes of issue.

Any governmental unit acquiring, constructing, maintaining, expanding, financing or

improving any air navigation facilities or any airport facilities pursuant to the provisions

of KRS 183.630 to 183.740 may, at the time of issuing the bonds for such acquis ition,

construction, maintenance, expansion, financing or improvement, provide for 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 may be necessary. Bonds placed

in escrow shall, when negotiated, have equal standing with the bonds of the same issue.