Kentucky Lake Vacation Land, Inc. v. State Property & Buildings Commission

MONTGOMERY, Chief Justice.

The State Property and Buildings Commission, by resolution, authorized a $3,500,-000 revenue bond issue for the purpose of constructing improvements and facilities in certain designated state parks. The appellants, a group of businessmen and a corporation, suing in their individual capacities as citizens and taxpayers and also as owners of private vacation facilities, questioned the legality of the proposed issue in a declaratory judgment action. The Department of Conservation — Division of Parks is referred to as Division of Parks. Appellees are referred to herein…