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2009 Kentucky Revised Statutes
CHAPTER 269 MISCELLANEOUS PROVISIONS AS TO DITCHES, DRAINAGE, AND RECLAMATION
269.090 Contract for work -- Commissioner appointed if bonds are sold -- Tax levy for redemption of bonds.

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269.090 Contract for work -- Commissioner appointed if bonds are sold -- Tax levy for redemption of bonds. The fiscal court may contract with any individual or corporation to do all work and to <br>furnish all material in the execution of any such improvement voted for in the county, and <br>may contract to pay in bonds, or may sell the bonds and pay for the improvement out of <br>the proceeds. If bonds are sold to pay for the improvement, one (1) or more <br>commissioners shall be appointed by the county judge/executive, who shall give bond, <br>with good and sufficient security, to sell the bonds and receive and pay out the money. <br>The fiscal court shall levy taxes on the taxable property of the county sufficient to pay the <br>interest on the bonds and pay off enough bonds each year to discharge them all within the <br>time they are payable. Effective: June 17, 1978 <br>History: Amended 1978 Ky. Acts ch. 384, sec. 421, effective June 17, 1978. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. <br>sec. 2415.

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