2014 Kentucky Revised Statutes CHAPTER 268 - DRAINAGE AND RECLAMATION ACT OF 1918 268.350 Drainage assessment record form -- District assessment table.
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268.350 Drainage assessment record form -- District assessment table.
The drainage assessment record provided for in KRS 268.340 shall be in
substantially the following form:
"Drainage Assessment Record
of ________ (drainage), (levee), (reclamation) district, located in the County of
__________, Kentucky. The board of drainage commissioners of ___________
County has ascertained from an inspection of the report of the appraisers that the
total aggregate of benefits to all of the property in the district is $_________, and
that the cost of making the improvements provided for in the plan for reclamation
and the cost of the proceedings in establishing and organizing the district up to this
time are $________, to which sum we have, as provided by law, added ten percent
for the purpose of defraying future expenses and to create an emergency fund,
making the total minimum district assessment of $_________, which we now levy
and assess against the district. It is ordered that a district bond issue be authorized
of ninety percent of the minimum district assessment of $_________, to consist of
fifteen series of equal amount, bearing six percent per annum interest payable
semiannually. One-fifteenth of the total issue of bonds shall mature and be payable
annually. The first series shall become payable five years from the date of issue, and
the last series twenty years from the date of issue.
"It is ascertained that the total amount of interest that will accumulate on the bonds
from the date of issue until maturity will be $_________, and this board therefore
orders that there be levied upon all property in the district an interest assessment
amounting to $_________.
"We do hereby apportion both the minimum district assessment and the district
interest assessment to each piece of property located in the district, ratably
according to the assessment of benefits as appears in the board of appraisers'
assessment of benefits as amended, modified and corrected and shown in the
following table:
Table of District Assessments
Name
of
(owner),
(railroad),
(public
highway)
...................................................................
Post
office
address
............................................................................................................
Number of (acres of land), (miles of road) assessed as benefited
........................................
In
what
county
located
......................................................................................................
Total amount of benefits assessed ......................................................................
_______
Total amount of minimum district assessment ....................................................
_______
Total amount of district interest assessment .......................................................
_______
Total maximum assessment ..............................................................................
_______
"The board of drainage commissioners hereby submits the above as a true and
correct assessment roll upon the lands, railroads, public highways and other
property subject to assessment in the ___________ (drainage), (levee),
(reclamation) district, and prays the county judge/executive to confirm it.
Respectfully submitted.
Board of drainage commissioners of ____________ County.
By _____________, President.
Attest: ____________, Secretary.
(Space for correction by clerk upon order of court)______________________
The above is a correct assessment. Attest: _______________ Clerk."
Effective:January 2, 1978
History: Amended 1976 (1st Extra. Sess.) Ky. Acts ch. 14, sec. 243, effective
January 2, 1978; and ch. 20, sec. 6, effective January 2, 1978. -- Recodified
1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat.
sec. 2380b-22.
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