{"data":{"id":"us-ky/krs-106.050","jurisdiction":"us-ky","citation":"KRS 106.050","heading":"Authority to borrow money and issue bonds.","body":"For the purpose of defraying the cost of acquiring by condemnation, purchase or\nconstruction any such waterworks, including real and personal property of same and\nappurtenances or extensions thereto, the water district or the city may borrow money and\nissue negotiable bonds, but only after a resolution has been adopted by the water district\ncommissioners or an ordinance has been adopted by the legislative body of the said city\nspecifying the proposed undertaking, the amount of bonds to be issued and the max imum\nrate of interest the bonds are to bear.","path":["KRS Chapter 106"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=27129","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:09Z","sha256":"4c0996d6ea2d2379568164582948f0eb07163c97e190e3ab7e6a241c24bb9ee3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-106.040","next":"us-ky/krs-106.060"},"notice":"GroundRules: Original legal text. Not legal advice."}