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353.750 Definitions for KRS 353.750 to 353.776.
As used in KRS 353.750 to 353.776, unless the context requires otherwise:
(1) "Agreement" means a written contract between the authority and any person or
persons, firm, corporation, local government, or public entity providing for or
relating to the financing of the construction, reconstruction, improvement, or
repair of one (1) or more projects of the authority;
(2) "Authority" means the Kentucky Gas Pipeline Authority created by KRS
353.752;
(3) "Bonds" mean revenue bonds, notes, or other obligations issued under the
provisions of KRS 353.756, 353.758, or 353.768;
(4) "Cost" means the expenditures for construction, acquisition, financing charges,
interest prior to and during construction, principal and interest on any bonds or
notes or obligations issued by the authority, engineering and legal expenses,
plans, specifications, cost and revenue estimates, other expenses necessary
or incidental to determining the feasibility or practicability of constructing any
project, administrative expenses, and such other expenses necessary or
incident to the construction of and placing into operation a project, the financing
of the construction, and the acquisition of the project;
(5) "Project" means the construction, reconstruction, improvement, or repair of any
gas pipeline or appurtenant facilities, together with all property, rights,
easements, and interests which may be acquired by the authority to facilitate
the construction, reconstruction, improvement, or repair of any gas pipeline or
appurtenant facilities. Except for projects involving repair or replacement,
projects shall be limited to areas where no gas pipelines exist or where existing
lines have insufficient capacity to transport Kentucky gases to market; and
(6) "Gas" means natural gas, coalbed or other methane gas, carbon dioxide gas,
crude oil or petroleum products, or any elements of natural gas or other gas.
Effective:June 26, 2007
History: Amended 2007 Ky. Acts ch. 77, sec. 1, effective June 26, 2007. -- Created
2005 Ky. Acts ch. 155, sec. 1, effective June 20, 2005.
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