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2019 Kentucky Revised Statutes
Chapter 224A - Kentucky infrastructure authority
224A.190 Imposition of service charges by local governmental agencies.

Universal Citation: KY Rev Stat § 224A.190 (2019)
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224A.190 Imposition of service charges by local governmental agencies. (1) (2) (3) Each governmental agency which has entered into an assistance agreement with the authority whereby such governmental agency has covenanted to impose service charges and remit same to the authority, shall, as provided in such assistance agreement, at the due time impose such service charges, use and employ all of such governmental agency's power and authority to enforce and collect such service charges, including requiring termination of water service to any delinquent user, and promptly remit the amounts collected as representing service charges from its users directly to the authority. All such service charges shall be remitted to the authority with a report showing collections and any delinquencies, such report to be made on or before the twentieth day of the month following the payment of such service charges. All sums received by the authority as representing service charges generated by assistance agreements shall constitute authority revenues and shall be used, treated, and employed by the authority in accordance with the provisions of this chapter. In the event, for any reason, the schedule of service charges levied by the governmental agency in accordance with an assistance agreement shall prove to be insufficient to afford repayment to the authority of the minimum sums stipulated in KRS 224A.100, in accordance with the agreed repayment schedule, the authority shall forthwith advise the governmental agency, and the governmental agency shall promptly adjust such service charges so as to provide funds sufficient for such payments to the authority in accordance with the terms and conditions of the assistance agreement. As provided in this chapter, the authority may compel any such governmental agency to adjust such service charges to meet the requirements of any assistance agreement, or may proceed to adjust, levy, and collect such service charges itself, in the name of the authority, and for the benefit of the authority, such direct levies and collections to additionally provide sums sufficient for the costs of levying, billing, and collecting such service charges. History: Created 1972 Ky. Acts ch. 329, sec. 19.
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