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76.262 Rate schedule for construction subdistrict -- Notice -- Objections -Purposes -- Subdistrict fund, uses.
(1)
(2)
(3)
(4)
(5)
(6)
The district is authorized to establish a schedule of rates, rentals, and charges
to be collected from all real property within a construction subdistrict served by
construction subdistrict facilities. This schedule shall be in addition to the
charge authorized by KRS 76.090. This schedule shall be determined for each
construction subdistrict on the basis of one (1) or more of the factors stated in
subsection (1) of KRS 76.090.
Before final adoption of such a schedule the district shall give notice of it
pursuant to KRS Chapter 424. The first notice shall be dated as of the date of
the first publication; that notice shall state that the proposed or revised
schedule of rates, rentals, and charges will remain open for inspection in the
office of the district for thirty (30) days from the date in the notice, and that any
person claiming to be aggrieved by the proposed schedule may file written
objections to it with the district. The district shall examine and hear any and all
such objections, may modify the proposed schedule, and shall adopt and
establish a final schedule within sixty (60) days after the date of the first notice.
Such schedule shall be established and revised from time to time so as to
produce revenues for the construction subdistrict sufficient:
(a) For the payment of all construction subdistrict bonds and obligations
except those payable from assessments;
(b) For the payment of all costs and expenses of operating and maintaining
the construction subdistrict which expenses shall include, but not be
limited to, an equitable portion of the wages, salaries, and fees of officers
and employees of the district;
(c) For the payment to the district of an amount which represents an
equitable allocation of the cost of district facilities used, directly or
indirectly, by the construction subdistrict if there is such a use;
(d) To meet all or part of reasonably foreseeable future need for trunk, main,
connecting sewers and any other facilities necessary to link the
construction subdistrict facilities to the district facilities or, where such
linkage is not feasible, to link the construction subdistrict facilities to and
dispose of the sewage in a treatment plant serving at least one (1) other
construction subdistrict;
(e) For the payment of an equitable portion, not to exceed twice the amount
required by paragraph (b), of any amount necessary to establish and
maintain a fund created by subsection (6) and
(f) For the payment of all cost of renewals and replacements of construction
subdistrict facilities.
Any and all portions of expenses, salaries, wages and fees necessary or
incident to improvements for which bonds are issued may be paid from bond
proceeds.
The rates, rentals, and charges authorized by this section need not be the
same for all real property within the construction subdistrict but may be based
upon any reasonable classification.
The district may create a fund for construction subdistrict purposes generally,
which fund may be used from time to time at the discretion of the district's
board for the purpose of financing sewerage and drainage studies, paying
engineering costs, and defraying, in whole or in part, the cost of the
construction or acquisition of sewerage and drainage facilities for any existing
or proposed construction subdistricts.
History: Amended 1966 Ky. Acts ch. 75, sec. 2. -- Created 1964 Ky. Acts ch. 33,
sec. 24.
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