2014 Kentucky Revised Statutes CHAPTER 76 - CITY-COUNTY METROPOLITAN SEWER, SEWER CONSTRUCTION, AND SANITATION DISTRICTS 76.269 Other districts to become construction subdistricts when -- Incorporated in district when.
Download as PDF
76.269 Other districts to become
Incorporated in district when.
construction
subdistricts
when
--
A sanitation district organized under KRS 220.010 to 220.540, a sewer construction
district organized under KRS 76.300 to 76.420, and a sewage system owned by any
municipality, political subdivision, or any other entity, public or private, may be made
a construction subdistrict or incorporated into the district area by the board under the
conditions of this section.
(1) Any such district or system may be made a construction subdistrict only when:
(a) Express, written consent of all bondholders and secured creditors has
been obtained;
(b) The governing body or owner of such district or system has consented in
writing; and
(c) The board has determined that the policy of KRS 76.010 to 76.295 will
best be served by making such district or system a construction
subdistrict.
(2) When such district or system has been made a construction subdistrict under
subsection (1), KRS 76.241 to 76.253 and KRS 76.257 to 76.259 shall not
apply to it.
(3) Any such district or system may be incorporated by the board into the district
area only when:
(a) All debts of the district or system have been paid or an amount of either
money or securities lawful as investments under KRS 386.020 has been
laid aside to pay them by the governing body or owner of such district or
system;
(b) The governing body or owner of such district or system has consented in
writing;
(c) Such district or system is not within a sanitation tax district organized
under KRS 76.274; and
(d) The board has determined that the policy of KRS 76.010 to 76.210 will
best be served by incorporating such district or system into the district
area.
Effective:July 15, 1980
History: Amended 1980 Ky. Acts ch. 188, sec. 62, effective July 15, 1980. -Created 1964 Ky. Acts ch. 33, sec. 46.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.