Fosson v. Fiscal Court of Boyd County

STEWART, Chief Justice.

The Boyd County Board of Education (herein called “the board of education”), whose members are appellees herein, determined it was necessary to construct an elementary school at Catletts Creek. Under statutes regulating the issuance of revenue bonds, mentioned hereinafter, the board of education has no authority to act on its own but must make financing and building arrangements through the Boyd County Fiscal Court (herein called “the fiscal court”), whose members are also appellees herein. After the school building is completed, it is leased to the board of education…