Any city of the home rule 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 KRS § 216.220.
Effective: January 1, 2015
History: Amended 2014 Ky. Acts ch. 92, sec. 276, effective January 1, 2015. — 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.