Burkholder v. City of Louisville

WADDILL, Commissioner.

This is an appeal from a judgment validating a proposed issue of revenue bonds by the City of Louisville to ' finance improvements and additions to its waterworks system pursuant to the provisions of KRS, Chapter -58. Since the appellants, who were made parties defendant in this declaratory judgment action as representatives of the citizens, taxpayers and holders of general obligation bonds of the City of Louisville, have raised 'several questions concerning the legality of this fiscal adventure by the City, it is necessary, in order to consider and pass upon their…