216.100 Ordinance for bond issue. - Kentucky Statutes

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216.100 Ordinance for bond issue. Any city of the second, third, fourth or fifth class may, by ordinance, borrow money and
issue negotiable bonds for the purpose of defraying the cost of purchasing, establishing,
erecting and acquiring a municipal hospital and necessary appurtenances thereto. The
ordinance shall specify the proposed undertaking, the amount of bonds to be issued, and
the maximum rate of interest the bonds are to bear. The ordinance shall further provide
that the proposed hospital, with necessary appurtenances thereto, is to be purchased,
established, erected or acquired pursuant to the provisions of KRS 216.100 to 216.220. History: Amended 1946 Ky. Acts ch. 169, sec. 19. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235i-3.