Ky. Rev. Stat. » Chapter 66
Kentucky Revised Statutes

Ky. Rev. Stat. § 66.050 (2026)

Repealed, 1982

✓ current as of May 2026
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Catchline at repeal: City of first or second class, incurring indebtedness beyond income for year -- Issuance of bonds. History: Repealed 1982 Ky. Acts ch. 434, sec. 15, effective July 1, 1982; amended 1982 Ky. Acts ch. 360, sec. 15.. -- Amended 1966 Ky. Acts ch. 239, sec. 5. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 186b-10, 3069. Legislative Research Commission Note. This section was amended by 1982 Acts, Chapter 360, § 15 and repealed by 1982 Acts, Chapter 434, § 15. Pursuant to KRS 446.260, the repeal prevails.

Notes of Decisions
Cited in 7 cases, 1950–1969 · leading case: Burke v. City of Louisville, 275 S.W.2d 899 (Ky. Ct. App. 1955).
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Burke v. City of Louisville, 275 S.W.2d 899 (Ky. Ct. App. 1955). · cites it 5× “390 and the other with the authority to issue and sell the bonds under KRS 66.050. At this point, it is well to say that the ordinance, as we have noted, specified the amount of indebtedness proposed to be incurred, the purpose and the amount of money necessary to be raised…”
Queenan v. City of Louisville, 233 S.W.2d 1010 (Ky. Ct. App. 1950). “KRS 66.050(3), in so far as it is pertinent here, provides: “In cities of the first class, the ordinance calling the election shall be advertised for the two weeks next preceding the election in a newspaper of daily circulation in the city.”
Queenan v. City of Louisville, 233 S.W.2d 1010 (Ky. Ct. App. 1950). “KRS 66.050(3), in so far as it is pertinent here, provides: "In cities of the first class, the ordinance calling the election shall be advertised for the two weeks next preceding the election in a newspaper of daily circulation in the city.”
Rich-Hills Catering Co. v. Slattery, 448 S.W.2d 379 (Ky. Ct. App. 1969). “It is argued that the statute which requires the taking of the sense of the people as to whether the debt should be incurred and the property made subject to the special tax, KRS 66.050, was not complied with since the people in the annexed territory did not vote on the question.”
Lowe v. City of Bowling Green, 247 S.W.2d 386 (Ky. Ct. App. 1952). “It is argued that the statute which requires the taking of the sense of the people as to whether the debt should be incurred and the property made subject to the special tax, KRS 66.050, was not complied with since the people in the annexed territory did not vote on the question.”
Raque v. City of Louisville, 402 S.W.2d 697 (Ky. Ct. App. 1966). · cites it 2× “KRS 66.050. The proposal received the assent of more than two-thirds of the voters, as required by Const.”
Kesselring v. City of Louisville, 257 S.W.2d 596 (Ky. Ct. App. 1953). “*598 They constitute an exclusive obligation of the city, and' the fact that their pro’cefeds are to be used for improving 'property held by the board does hot-alter that fact; General statutory authority for the issuance of bonds by a city of the first class is found in KRS…”
— Ky. Rev. Stat. § 66.050(2) — 1 case
Raque v. City of Louisville, 402 S.W.2d 697 (Ky. Ct. App. 1966). “KRS 66.050. The proposal received the assent of more than two-thirds of the voters, as required by Const.”
— Ky. Rev. Stat. § 66.050(3) — 2 cases
Queenan v. City of Louisville, 233 S.W.2d 1010 (Ky. Ct. App. 1950). “KRS 66.050(3), in so far as it is pertinent here, provides: “In cities of the first class, the ordinance calling the election shall be advertised for the two weeks next preceding the election in a newspaper of daily circulation in the city.”
Queenan v. City of Louisville, 233 S.W.2d 1010 (Ky. Ct. App. 1950). “KRS 66.050(3), in so far as it is pertinent here, provides: "In cities of the first class, the ordinance calling the election shall be advertised for the two weeks next preceding the election in a newspaper of daily circulation in the city.”
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