KRS 97.230: Bonds for additions and improvements.

Any city acquiring a recreational project may at any time provide for the addition to and

improvement of the project by an additional issue of bonds, subject to the procedure

required for the issuance of original bonds, or the city may, at the time of issu ing bonds

for the acquisition, provide for additional bonds for additions and permanent

improvements to be placed in escrow and to be negotiated from time to time as necessary.

The bonds placed in escrow shall, when negotiated, have equal standing with bonds of the

same issue.