State Codes and Statutes

Statutes > Kentucky > 107-00 > 020

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Page 1 of 3 107.020 Definitions. (1) The term &quot;governing body,&quot; as used in this chapter, means and includes the legislative body of any city, whether the same be designated by applicable statutes <br>as a general council, a common council, a city council, a board of commissioners, <br>or otherwise. The term &quot;governing body,&quot; as used in KRS 107.010 to 107.220 shall <br>include the legislative body of any county unless the context requires otherwise. The <br>terms &quot;municipality&quot; and &quot;city&quot; as used in KRS 107.010 to 107.220 shall include <br>county within their meaning unless the context requires otherwise. (2) The term &quot;ordinance&quot; means and includes any ordinance enacted in accordance with the general laws applicable to ordinances of the class of city in question, and the <br>form of government thereof, and in accordance with the provisions of this chapter. (3) The term &quot;public way&quot; means and includes streets, boulevards, avenues, roads, lanes, alleys, parkways, courts, terraces, and other courses of travel open to the <br>general public by whatsoever name designated. (4) The terms &quot;improvement&quot; and &quot;project&quot; mean and include: (a) The construction of public ways or the substantial reconstruction or widening thereof; (b) The construction, installation, or substantial reconstruction of sanitary, storm, or combined sewers and appurtenances; (c) The construction, enlargement or substantial reconstruction of sewage treatment plants for rendering sewage less hazardous to public health, safety, <br>and general welfare; (d) The construction, installation, or substantial replacement of fire hydrants in cities of the third through sixth classes, necessary water mains and <br>appurtenances in a city in a county containing a city of the first or second <br>class; or (e) Any combination of the same. Bonds for improvements defined in paragraphs (b), (c) and (d) of this subsection may be caused to mature as to principal in <br>term or serial maturities not to exceed thirty (30) years from date of issue. (5) The term &quot;costs&quot; as applied to any project undertaken under this chapter includes the cost of labor, materials, and equipment necessary to complete the project in a <br>satisfactory manner, cost of land acquired, and every expense connected with the <br>project, including preliminary and other surveys, inspections of the work, engineers' <br>fees and costs, attorneys' fees, preparation of plans and specifications, publication of <br>ordinances and notices, interest which will accrue on the bonds until the due date of <br>the first annual improvement assessment levied in connection therewith, a sum <br>equal to any discount in the sale of the bonds (if discount bids are authorized and <br>permitted by the governing body), a reasonable allowance for unforeseen <br>contingencies, the printing of bonds, and other costs of financing which may <br>include the payment of a fee to a fiscal agent for advice and assistance in the <br>preparation and marketing of the bonds. As applied to wastewater collection <br>projects undertaken by metropolitan sewer districts &quot;costs&quot; also include: <br>(a) The cost of inspections of work as construction progresses; Page 2 of 3 (b) Interest which will accrue on the bonds until the due date of the first annual improvement assessment if a lump sum is not paid; (c) Capitalized interest on the bonds for a period not to exceed three (3) years; <br>(d) All or any portion of the debt service reserve requirement, if determination is made to finance same from bond proceeds; (e) Payment of attorneys' fees, underwriting and fiscal agency fees, trustees' fees, rating service fees if approved by the fiscal court; and (f) Other costs of issuance of bonds. (6) The term &quot;assessed value basis&quot; means the plan for the levying of annual improvement benefit assessments on the basis of the assessed values of the <br>benefited properties, as authorized by this chapter. As applied to wastewater <br>collection projects undertaken by metropolitan sewer districts, &quot;assessed value <br>basis&quot; means the plan for the levying of annual improvement benefit assessments <br>upon benefited property for the benefits conferred by the construction of projects on <br>the basis of the ad valorem assessed values (land only) of the benefited property, <br>whether the owners pay such levies in full or on an annual basis to amortize bonds. <br>Identical annual improvement benefit assessments upon classified zones of <br>benefited property may also be included in this plan where determination is made by <br>order of a metropolitan sewer district, as provided in KRS 107.030, that benefits <br>conferred by construction of a project are substantially equal and that the assessed <br>value (land only) of all benefited property or designated zones thereof shall <br>therefore be deemed equal in respect of a given wastewater collection project. (7) The term &quot;front-foot basis&quot; refers to the plan for financing improvements by apportioning the cost among benefited properties upon the basis of the number of <br>linear feet thereof abutting upon the improvement project, as otherwise provided by <br>law. (8) The terms &quot;property to be benefited,&quot; &quot;properties to be benefited,&quot; &quot;benefited property&quot; and &quot;benefited properties&quot; all mean and refer to the property or properties <br>defined in KRS 107.140. As applied to wastewater collection projects undertaken <br>by metropolitan sewer districts, &quot;benefited property&quot; and &quot;property to be benefited&quot; <br>mean the property (land only) proposed to be benefited by construction of a <br>wastewater collection project instituted by a metropolitan sewer district and against <br>which lump-sum or annual improvement benefit assessments are to be levied. (9) &quot;Construction&quot; means the following services and facilities provided by a metropolitan sewer district: <br>(a) Preliminary planning to determine the economic and engineering feasibility of construction of wastewater collection projects, and any engineering, <br>architectural, legal, fiscal, and economic investigations and studies necessary. <br>Also included are all necessary surveys, designs, plans, working drawings, <br>specifications, procedures, and other required actions incident to the <br>construction of wastewater collection projects; Page 3 of 3 (b) The building, acquisition, installation, erection, alteration, remodeling, improvement, expansion, or extension of wastewater collection projects and <br>any other physical devices reasonably associated with such projects; (c) The provision of sewer collection services and facilities to benefited property although not directly financed by the issuance of bonds; and (d) Inspection and supervision incident to the acquisition, construction, and installation of wastewater collection projects. (10) &quot;Debt service reserve requirement&quot; means with respect to any particular issue of bonds for a wastewater collection project of a metropolitan sewer district, the <br>maximum annual requirements for payment of principal of and interest on such <br>bond issue funded either in whole or in part by application of bond proceeds or <br>accrued by the levying of improvement benefit assessments as provided in KRS <br>Chapters 76 and 107. (11) &quot;Metropolitan sewer district&quot; means a joint metropolitan sewer district which has been duly created under KRS 76.005 to 76.210. (12) &quot;Order&quot; means a formal and binding enactment of the board of a metropolitan sewer district entered in connection with the financing by such district of a wastewater <br>collection project. (13) &quot;Wastewater&quot; means any water or liquid substance containing sewage, industrial waste, or other pollutants or contaminants. (14) &quot;Wastewater collection project&quot; means treatment plants and all or part of any facilities and systems of a metropolitan sewer district used in the collection, <br>holding, or transmission of wastewater from a benefited property to wastewater <br>treatment plants or other similar facilities for final disposition. These terms shall <br>include, without being limited to, sanitary sewage collection lines, intercepting <br>sewers, outfall sewers, sewer laterals, power stations and pumping stations, and <br>other equipment and their appurtenances necessary to enable the project to fulfill its <br>function, including land acquisition, if required, whether such project facilities are <br>provided by funds derived from issuance of bonds or otherwise provided by a <br>district in any manner. (15) &quot;Classified zone&quot; means any portion of any construction phase of a wastewater collection project designated by a metropolitan sewer district after a determination <br>that all property located in such zone is benefited substantially equal by such <br>construction. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 63, sec. 1, effective July 15, 1994. -- Amended 1986 Ky. Acts ch. 23, sec. 8, effective July 15, 1986. -- Amended 1984 Ky. Acts <br>ch. 111, sec. 57, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 388, sec. 4, <br>effective July 15, 1982. -- Amended 1976 (1st Extra. Sess) Ky. Acts ch. 13, sec. 10. -<br>- Amended 1970 Ky. Acts ch. 242, sec. 2. -- Amended 1964 Ky. Acts ch. 161, sec. 1. <br>-- Amended 1960 Ky. Acts ch. 226, sec. 2. -- Created 1956 Ky. Acts ch. 239, sec. 2.

State Codes and Statutes

Statutes > Kentucky > 107-00 > 020

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Page 1 of 3 107.020 Definitions. (1) The term &quot;governing body,&quot; as used in this chapter, means and includes the legislative body of any city, whether the same be designated by applicable statutes <br>as a general council, a common council, a city council, a board of commissioners, <br>or otherwise. The term &quot;governing body,&quot; as used in KRS 107.010 to 107.220 shall <br>include the legislative body of any county unless the context requires otherwise. The <br>terms &quot;municipality&quot; and &quot;city&quot; as used in KRS 107.010 to 107.220 shall include <br>county within their meaning unless the context requires otherwise. (2) The term &quot;ordinance&quot; means and includes any ordinance enacted in accordance with the general laws applicable to ordinances of the class of city in question, and the <br>form of government thereof, and in accordance with the provisions of this chapter. (3) The term &quot;public way&quot; means and includes streets, boulevards, avenues, roads, lanes, alleys, parkways, courts, terraces, and other courses of travel open to the <br>general public by whatsoever name designated. (4) The terms &quot;improvement&quot; and &quot;project&quot; mean and include: (a) The construction of public ways or the substantial reconstruction or widening thereof; (b) The construction, installation, or substantial reconstruction of sanitary, storm, or combined sewers and appurtenances; (c) The construction, enlargement or substantial reconstruction of sewage treatment plants for rendering sewage less hazardous to public health, safety, <br>and general welfare; (d) The construction, installation, or substantial replacement of fire hydrants in cities of the third through sixth classes, necessary water mains and <br>appurtenances in a city in a county containing a city of the first or second <br>class; or (e) Any combination of the same. Bonds for improvements defined in paragraphs (b), (c) and (d) of this subsection may be caused to mature as to principal in <br>term or serial maturities not to exceed thirty (30) years from date of issue. (5) The term &quot;costs&quot; as applied to any project undertaken under this chapter includes the cost of labor, materials, and equipment necessary to complete the project in a <br>satisfactory manner, cost of land acquired, and every expense connected with the <br>project, including preliminary and other surveys, inspections of the work, engineers' <br>fees and costs, attorneys' fees, preparation of plans and specifications, publication of <br>ordinances and notices, interest which will accrue on the bonds until the due date of <br>the first annual improvement assessment levied in connection therewith, a sum <br>equal to any discount in the sale of the bonds (if discount bids are authorized and <br>permitted by the governing body), a reasonable allowance for unforeseen <br>contingencies, the printing of bonds, and other costs of financing which may <br>include the payment of a fee to a fiscal agent for advice and assistance in the <br>preparation and marketing of the bonds. As applied to wastewater collection <br>projects undertaken by metropolitan sewer districts &quot;costs&quot; also include: <br>(a) The cost of inspections of work as construction progresses; Page 2 of 3 (b) Interest which will accrue on the bonds until the due date of the first annual improvement assessment if a lump sum is not paid; (c) Capitalized interest on the bonds for a period not to exceed three (3) years; <br>(d) All or any portion of the debt service reserve requirement, if determination is made to finance same from bond proceeds; (e) Payment of attorneys' fees, underwriting and fiscal agency fees, trustees' fees, rating service fees if approved by the fiscal court; and (f) Other costs of issuance of bonds. (6) The term &quot;assessed value basis&quot; means the plan for the levying of annual improvement benefit assessments on the basis of the assessed values of the <br>benefited properties, as authorized by this chapter. As applied to wastewater <br>collection projects undertaken by metropolitan sewer districts, &quot;assessed value <br>basis&quot; means the plan for the levying of annual improvement benefit assessments <br>upon benefited property for the benefits conferred by the construction of projects on <br>the basis of the ad valorem assessed values (land only) of the benefited property, <br>whether the owners pay such levies in full or on an annual basis to amortize bonds. <br>Identical annual improvement benefit assessments upon classified zones of <br>benefited property may also be included in this plan where determination is made by <br>order of a metropolitan sewer district, as provided in KRS 107.030, that benefits <br>conferred by construction of a project are substantially equal and that the assessed <br>value (land only) of all benefited property or designated zones thereof shall <br>therefore be deemed equal in respect of a given wastewater collection project. (7) The term &quot;front-foot basis&quot; refers to the plan for financing improvements by apportioning the cost among benefited properties upon the basis of the number of <br>linear feet thereof abutting upon the improvement project, as otherwise provided by <br>law. (8) The terms &quot;property to be benefited,&quot; &quot;properties to be benefited,&quot; &quot;benefited property&quot; and &quot;benefited properties&quot; all mean and refer to the property or properties <br>defined in KRS 107.140. As applied to wastewater collection projects undertaken <br>by metropolitan sewer districts, &quot;benefited property&quot; and &quot;property to be benefited&quot; <br>mean the property (land only) proposed to be benefited by construction of a <br>wastewater collection project instituted by a metropolitan sewer district and against <br>which lump-sum or annual improvement benefit assessments are to be levied. (9) &quot;Construction&quot; means the following services and facilities provided by a metropolitan sewer district: <br>(a) Preliminary planning to determine the economic and engineering feasibility of construction of wastewater collection projects, and any engineering, <br>architectural, legal, fiscal, and economic investigations and studies necessary. <br>Also included are all necessary surveys, designs, plans, working drawings, <br>specifications, procedures, and other required actions incident to the <br>construction of wastewater collection projects; Page 3 of 3 (b) The building, acquisition, installation, erection, alteration, remodeling, improvement, expansion, or extension of wastewater collection projects and <br>any other physical devices reasonably associated with such projects; (c) The provision of sewer collection services and facilities to benefited property although not directly financed by the issuance of bonds; and (d) Inspection and supervision incident to the acquisition, construction, and installation of wastewater collection projects. (10) &quot;Debt service reserve requirement&quot; means with respect to any particular issue of bonds for a wastewater collection project of a metropolitan sewer district, the <br>maximum annual requirements for payment of principal of and interest on such <br>bond issue funded either in whole or in part by application of bond proceeds or <br>accrued by the levying of improvement benefit assessments as provided in KRS <br>Chapters 76 and 107. (11) &quot;Metropolitan sewer district&quot; means a joint metropolitan sewer district which has been duly created under KRS 76.005 to 76.210. (12) &quot;Order&quot; means a formal and binding enactment of the board of a metropolitan sewer district entered in connection with the financing by such district of a wastewater <br>collection project. (13) &quot;Wastewater&quot; means any water or liquid substance containing sewage, industrial waste, or other pollutants or contaminants. (14) &quot;Wastewater collection project&quot; means treatment plants and all or part of any facilities and systems of a metropolitan sewer district used in the collection, <br>holding, or transmission of wastewater from a benefited property to wastewater <br>treatment plants or other similar facilities for final disposition. These terms shall <br>include, without being limited to, sanitary sewage collection lines, intercepting <br>sewers, outfall sewers, sewer laterals, power stations and pumping stations, and <br>other equipment and their appurtenances necessary to enable the project to fulfill its <br>function, including land acquisition, if required, whether such project facilities are <br>provided by funds derived from issuance of bonds or otherwise provided by a <br>district in any manner. (15) &quot;Classified zone&quot; means any portion of any construction phase of a wastewater collection project designated by a metropolitan sewer district after a determination <br>that all property located in such zone is benefited substantially equal by such <br>construction. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 63, sec. 1, effective July 15, 1994. -- Amended 1986 Ky. Acts ch. 23, sec. 8, effective July 15, 1986. -- Amended 1984 Ky. Acts <br>ch. 111, sec. 57, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 388, sec. 4, <br>effective July 15, 1982. -- Amended 1976 (1st Extra. Sess) Ky. Acts ch. 13, sec. 10. -<br>- Amended 1970 Ky. Acts ch. 242, sec. 2. -- Amended 1964 Ky. Acts ch. 161, sec. 1. <br>-- Amended 1960 Ky. Acts ch. 226, sec. 2. -- Created 1956 Ky. Acts ch. 239, sec. 2.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 107-00 > 020

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Page 1 of 3 107.020 Definitions. (1) The term &quot;governing body,&quot; as used in this chapter, means and includes the legislative body of any city, whether the same be designated by applicable statutes <br>as a general council, a common council, a city council, a board of commissioners, <br>or otherwise. The term &quot;governing body,&quot; as used in KRS 107.010 to 107.220 shall <br>include the legislative body of any county unless the context requires otherwise. The <br>terms &quot;municipality&quot; and &quot;city&quot; as used in KRS 107.010 to 107.220 shall include <br>county within their meaning unless the context requires otherwise. (2) The term &quot;ordinance&quot; means and includes any ordinance enacted in accordance with the general laws applicable to ordinances of the class of city in question, and the <br>form of government thereof, and in accordance with the provisions of this chapter. (3) The term &quot;public way&quot; means and includes streets, boulevards, avenues, roads, lanes, alleys, parkways, courts, terraces, and other courses of travel open to the <br>general public by whatsoever name designated. (4) The terms &quot;improvement&quot; and &quot;project&quot; mean and include: (a) The construction of public ways or the substantial reconstruction or widening thereof; (b) The construction, installation, or substantial reconstruction of sanitary, storm, or combined sewers and appurtenances; (c) The construction, enlargement or substantial reconstruction of sewage treatment plants for rendering sewage less hazardous to public health, safety, <br>and general welfare; (d) The construction, installation, or substantial replacement of fire hydrants in cities of the third through sixth classes, necessary water mains and <br>appurtenances in a city in a county containing a city of the first or second <br>class; or (e) Any combination of the same. Bonds for improvements defined in paragraphs (b), (c) and (d) of this subsection may be caused to mature as to principal in <br>term or serial maturities not to exceed thirty (30) years from date of issue. (5) The term &quot;costs&quot; as applied to any project undertaken under this chapter includes the cost of labor, materials, and equipment necessary to complete the project in a <br>satisfactory manner, cost of land acquired, and every expense connected with the <br>project, including preliminary and other surveys, inspections of the work, engineers' <br>fees and costs, attorneys' fees, preparation of plans and specifications, publication of <br>ordinances and notices, interest which will accrue on the bonds until the due date of <br>the first annual improvement assessment levied in connection therewith, a sum <br>equal to any discount in the sale of the bonds (if discount bids are authorized and <br>permitted by the governing body), a reasonable allowance for unforeseen <br>contingencies, the printing of bonds, and other costs of financing which may <br>include the payment of a fee to a fiscal agent for advice and assistance in the <br>preparation and marketing of the bonds. As applied to wastewater collection <br>projects undertaken by metropolitan sewer districts &quot;costs&quot; also include: <br>(a) The cost of inspections of work as construction progresses; Page 2 of 3 (b) Interest which will accrue on the bonds until the due date of the first annual improvement assessment if a lump sum is not paid; (c) Capitalized interest on the bonds for a period not to exceed three (3) years; <br>(d) All or any portion of the debt service reserve requirement, if determination is made to finance same from bond proceeds; (e) Payment of attorneys' fees, underwriting and fiscal agency fees, trustees' fees, rating service fees if approved by the fiscal court; and (f) Other costs of issuance of bonds. (6) The term &quot;assessed value basis&quot; means the plan for the levying of annual improvement benefit assessments on the basis of the assessed values of the <br>benefited properties, as authorized by this chapter. As applied to wastewater <br>collection projects undertaken by metropolitan sewer districts, &quot;assessed value <br>basis&quot; means the plan for the levying of annual improvement benefit assessments <br>upon benefited property for the benefits conferred by the construction of projects on <br>the basis of the ad valorem assessed values (land only) of the benefited property, <br>whether the owners pay such levies in full or on an annual basis to amortize bonds. <br>Identical annual improvement benefit assessments upon classified zones of <br>benefited property may also be included in this plan where determination is made by <br>order of a metropolitan sewer district, as provided in KRS 107.030, that benefits <br>conferred by construction of a project are substantially equal and that the assessed <br>value (land only) of all benefited property or designated zones thereof shall <br>therefore be deemed equal in respect of a given wastewater collection project. (7) The term &quot;front-foot basis&quot; refers to the plan for financing improvements by apportioning the cost among benefited properties upon the basis of the number of <br>linear feet thereof abutting upon the improvement project, as otherwise provided by <br>law. (8) The terms &quot;property to be benefited,&quot; &quot;properties to be benefited,&quot; &quot;benefited property&quot; and &quot;benefited properties&quot; all mean and refer to the property or properties <br>defined in KRS 107.140. As applied to wastewater collection projects undertaken <br>by metropolitan sewer districts, &quot;benefited property&quot; and &quot;property to be benefited&quot; <br>mean the property (land only) proposed to be benefited by construction of a <br>wastewater collection project instituted by a metropolitan sewer district and against <br>which lump-sum or annual improvement benefit assessments are to be levied. (9) &quot;Construction&quot; means the following services and facilities provided by a metropolitan sewer district: <br>(a) Preliminary planning to determine the economic and engineering feasibility of construction of wastewater collection projects, and any engineering, <br>architectural, legal, fiscal, and economic investigations and studies necessary. <br>Also included are all necessary surveys, designs, plans, working drawings, <br>specifications, procedures, and other required actions incident to the <br>construction of wastewater collection projects; Page 3 of 3 (b) The building, acquisition, installation, erection, alteration, remodeling, improvement, expansion, or extension of wastewater collection projects and <br>any other physical devices reasonably associated with such projects; (c) The provision of sewer collection services and facilities to benefited property although not directly financed by the issuance of bonds; and (d) Inspection and supervision incident to the acquisition, construction, and installation of wastewater collection projects. (10) &quot;Debt service reserve requirement&quot; means with respect to any particular issue of bonds for a wastewater collection project of a metropolitan sewer district, the <br>maximum annual requirements for payment of principal of and interest on such <br>bond issue funded either in whole or in part by application of bond proceeds or <br>accrued by the levying of improvement benefit assessments as provided in KRS <br>Chapters 76 and 107. (11) &quot;Metropolitan sewer district&quot; means a joint metropolitan sewer district which has been duly created under KRS 76.005 to 76.210. (12) &quot;Order&quot; means a formal and binding enactment of the board of a metropolitan sewer district entered in connection with the financing by such district of a wastewater <br>collection project. (13) &quot;Wastewater&quot; means any water or liquid substance containing sewage, industrial waste, or other pollutants or contaminants. (14) &quot;Wastewater collection project&quot; means treatment plants and all or part of any facilities and systems of a metropolitan sewer district used in the collection, <br>holding, or transmission of wastewater from a benefited property to wastewater <br>treatment plants or other similar facilities for final disposition. These terms shall <br>include, without being limited to, sanitary sewage collection lines, intercepting <br>sewers, outfall sewers, sewer laterals, power stations and pumping stations, and <br>other equipment and their appurtenances necessary to enable the project to fulfill its <br>function, including land acquisition, if required, whether such project facilities are <br>provided by funds derived from issuance of bonds or otherwise provided by a <br>district in any manner. (15) &quot;Classified zone&quot; means any portion of any construction phase of a wastewater collection project designated by a metropolitan sewer district after a determination <br>that all property located in such zone is benefited substantially equal by such <br>construction. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 63, sec. 1, effective July 15, 1994. -- Amended 1986 Ky. Acts ch. 23, sec. 8, effective July 15, 1986. -- Amended 1984 Ky. Acts <br>ch. 111, sec. 57, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 388, sec. 4, <br>effective July 15, 1982. -- Amended 1976 (1st Extra. Sess) Ky. Acts ch. 13, sec. 10. -<br>- Amended 1970 Ky. Acts ch. 242, sec. 2. -- Amended 1964 Ky. Acts ch. 161, sec. 1. <br>-- Amended 1960 Ky. Acts ch. 226, sec. 2. -- Created 1956 Ky. Acts ch. 239, sec. 2.