State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 074-00 > 490

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74.490 Commission may contract to supply other public bodies. The commission shall also have the right to supply water to any city, water association, <br>water district, political subdivision, federal agency or other public body, or any water <br>distribution system regulated by the Public Service Commission, in addition to the cities, <br>water associations, water districts, or federal agencies which are represented by the <br>commission, upon the payments, terms, and conditions mutually agreed upon. No capital <br>expenditures shall be made by the commission for the purpose of furnishing water to the <br>other party or parties. Any contract entered into to supply water to a city, water <br>association, water district, federal agency, political subdivision, or other public body shall <br>provide that payments to be made thereunder shall be solely from the revenues to be <br>derived by the city, water association, water district, political subdivision, or other public <br>body from the operation of the water works distribution system thereof; and the contract <br>shall be a continuing, valid, and binding obligation of the city, water association, federal <br>agency, water district, political subdivision, or other public body, payable from the <br>revenues for a period of years, not to exceed fifty (50), as provided in the contract. Any <br>contract shall not be a debt of any city, water association, water district, federal agency, <br>political subdivision, or other public body within the meaning of any statutory or <br>constitutional limitations. Effective: June 24, 2003 <br>History: Amended 2003 Ky. Acts ch. 167, sec. 8, effective June 24, 2003. -- Amended 1996 Ky. Acts ch. 122, sec. 8, effective July 15, 1996. -- Created 1960 Ky. Acts <br>ch. 207, sec. 8, effective June 16, 1960.