KRS 269.090: Contract for work -- Commissioner appointed if bonds are sold -- Tax levy

for redemption of bonds.

The fiscal court may contract with any individual or corporation to do all work and to

furnish all material in the execution of any such improvement voted for in the county, and

may contract to pay in bonds, or may sell the bonds and pay for the improvement out of

the proceeds. If bonds are sold to pay for the improvement, one (1) or more

commissioners shall be appointed by the county judge/executive, who shall give bond,

with good and sufficient security, to sell the bonds and receive and pay out the money.

The fiscal court shall levy taxes on the taxable property of the county sufficient to pay the

interest on the bonds and pay off enough bonds each year to discharge them all within the

time they are payable.