{"data":{"id":"us-ky/krs-181.690","jurisdiction":"us-ky","citation":"KRS 181.690","heading":"Sale of bonds -- Use of proceeds and manner of withdrawal.","body":"(1) The commission may sell the bonds at private sale without advertisement or in any\nother manner and for such price as it considers for the best interest of the city,\ntaking into consideration the financial responsibility of the purchaser, the terms and\nconditions of the purchase, and the availability of the proceeds of the bonds when\nrequired for payment of the cost of the bridge.\n(2) The proceeds of the sale of the bonds shall be used solely for the payment of the\ncost of the bridge, and shall be checked ou t by the chairman or vice chairman, and\nthe secretary-treasurer of the commission under such restrictions as the commission\nprovides.","path":["KRS Chapter 181"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5643","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:33Z","sha256":"68f48642975bbe4b548cd5f1c745a66f850c8f654eba2b82f9df7590c78dee56","source_id":"us-ky","stale":false,"prev":"us-ky/krs-181.680","next":"us-ky/krs-181.700"},"notice":"GroundRules: Original legal text. Not legal advice."}