State Codes and Statutes

Statutes > Kentucky > 076-00 > 257

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76.257 Financing may be arranged as in cities, terms in KRS Chapter 107 defined. (1) In the financing of a construction subdistrict the district may use the authority and procedures granted to incorporated municipalities by KRS 107.010 to 107.220. <br>When applied to construction subdistricts, terms used in KRS 107.010 to 107.220 <br>shall be construed to mean the following: &quot;city&quot; means &quot;metropolitan sewer <br>district&quot;; &quot;ordinance&quot; means &quot;resolution&quot;; &quot;clerk&quot; means &quot;secretary-treasurer of <br>district&quot;; &quot;governing body&quot; means &quot;metropolitan sewer district board&quot;; and &quot;mayor <br>or chairman of board of directors&quot; means &quot;chairman of metropolitan sewer district <br>board.&quot; Bonds issued pursuant to this section are construction subdistrict bonds and <br>obligations secured by assessments. (2) The provisions of subsection (1), permitting financing subdistrict construction under the provisions of KRS 107.010 to 107.220, shall not repeal or reduce any <br>existing rights or duties of the district, but shall constitute an additional method of <br>financing. History: Created 1964 Ky. Acts ch. 33, secs. 31 and 32.

State Codes and Statutes

Statutes > Kentucky > 076-00 > 257

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76.257 Financing may be arranged as in cities, terms in KRS Chapter 107 defined. (1) In the financing of a construction subdistrict the district may use the authority and procedures granted to incorporated municipalities by KRS 107.010 to 107.220. <br>When applied to construction subdistricts, terms used in KRS 107.010 to 107.220 <br>shall be construed to mean the following: &quot;city&quot; means &quot;metropolitan sewer <br>district&quot;; &quot;ordinance&quot; means &quot;resolution&quot;; &quot;clerk&quot; means &quot;secretary-treasurer of <br>district&quot;; &quot;governing body&quot; means &quot;metropolitan sewer district board&quot;; and &quot;mayor <br>or chairman of board of directors&quot; means &quot;chairman of metropolitan sewer district <br>board.&quot; Bonds issued pursuant to this section are construction subdistrict bonds and <br>obligations secured by assessments. (2) The provisions of subsection (1), permitting financing subdistrict construction under the provisions of KRS 107.010 to 107.220, shall not repeal or reduce any <br>existing rights or duties of the district, but shall constitute an additional method of <br>financing. History: Created 1964 Ky. Acts ch. 33, secs. 31 and 32.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 076-00 > 257

Download pdf
Loading PDF...


76.257 Financing may be arranged as in cities, terms in KRS Chapter 107 defined. (1) In the financing of a construction subdistrict the district may use the authority and procedures granted to incorporated municipalities by KRS 107.010 to 107.220. <br>When applied to construction subdistricts, terms used in KRS 107.010 to 107.220 <br>shall be construed to mean the following: &quot;city&quot; means &quot;metropolitan sewer <br>district&quot;; &quot;ordinance&quot; means &quot;resolution&quot;; &quot;clerk&quot; means &quot;secretary-treasurer of <br>district&quot;; &quot;governing body&quot; means &quot;metropolitan sewer district board&quot;; and &quot;mayor <br>or chairman of board of directors&quot; means &quot;chairman of metropolitan sewer district <br>board.&quot; Bonds issued pursuant to this section are construction subdistrict bonds and <br>obligations secured by assessments. (2) The provisions of subsection (1), permitting financing subdistrict construction under the provisions of KRS 107.010 to 107.220, shall not repeal or reduce any <br>existing rights or duties of the district, but shall constitute an additional method of <br>financing. History: Created 1964 Ky. Acts ch. 33, secs. 31 and 32.