Kentucky Revised Statutes Title IX. Counties, Cities, and Other Local Units § 103.240.Use of proceeds of bonds

(1) The acquisition of the industrial building and:

(2) The acquisition of pollution control facilities and the structures or equipment requisite to the use thereof;

(3) The necessary expense of preparing, printing and selling said bonds;

(4) The refunding of any issued and outstanding bonds whether matured or otherwise;

(5) Providing a debt service reserve fund or any other reserve funds, if necessary; or

(6) To advance the payment of interest on the bonds during any portion of the first three (3) years following the date of the bonds.