2015 Kentucky Revised Statutes CHAPTER 268 - DRAINAGE AND RECLAMATION ACT OF 1918 268.470 Board may levy maintenance assessment -- Terms -- Purpose -- How recorded -- Collection.
Download as PDF
268.470 Board may levy maintenance assessment -- Terms -- Purpose -- How
recorded -- Collection.
(1)
(2)
To maintain and preserve any improvement and to defray the current expenses of
the district, the board may, upon the completion of any improvement and on the
first Monday in December in each year thereafter, levy an assessment upon each
piece of property within the district, to be known as a maintenance assessment. This
maintenance assessment, apportioned upon the basis of benefits assessed on account
of original construction, shall not exceed ten percent (10%) thereof in any one (1)
year, and shall be certified to the sheriff of each county in which property of the
district lies as the annual installment of assessment is certified, and recorded in the
same book, but in a separate column under the heading "maintenance assessment."
This assessment shall not in any one (1) year exceed two percent (2%) of the
original cost of construction, unless consent is first obtained in writing from the
owners of two-thirds (2/3) of the property affected.
The sheriff shall demand and collect the maintenance assessment, make return,
receive the same compensation and be liable for the same penalties for failure or
neglect as is provided in KRS 268.420 for the annual installments of assessments.
The maintenance assessment shall be payable and shall be collected at the same
time each year that the other assessments of the district due that year are payable,
shall bear the same penalties and shall be enforced in the same manner.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. secs. 2380b-28a, 2380b-43.
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.