Kentucky Statutes 262.630 – Public records to be kept on equipment and infrastructure — Accounts
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(1) Each soil and water conservation district which receives, leases, rents, or uses the heavy or specialized equipment referred to in KRS § 262.610 shall maintain its public records to show for each piece of equipment:
(a) The hours same has worked on each job in each district; (b) The amounts collected from each job in each district;
(c) The expense of repairing, moving, manning and other usual costs of operation; and
(d) The amount paid by each district for the purpose of amortizing the commission’s investment in the equipment.
(2) Each soil and water conservation district which leases or otherwise obtains a right of use of the infrastructure with the support of the Division of Conservation pursuant to KRS § 262.610 shall maintain in public records a copy of the lease or other contract which provides the district a right of use of the infrastructure; and
(a) In the case of a purchase, the amount paid by each district for the purpose of amortizing the commission’s investment in the infrastructure; or
(b) In the case of lease without right of purchase or some other contractual arrangement or agreement, the payments made to the Division of Conservation for the right of use of the infrastructure.
(3) Each of the soil and water conservation districts shall send a duplicate copy of the records to the commission, who shall retain same in its files for public inspection.
(4) In addition thereto, the commission shall at all times maintain an account showing each piece of heavy or specialized equipment, the title to which is vested in it, and any infrastructure, the title of which may be vested solely in the commission or jointly with the district, and the amount paid thereon by any soil and water conservation district, and the amount remaining to be amortized.
Effective: June 29, 2023
History: Amended 2023 Ky. Acts ch. 10, sec. 4, effective June 29, 2023. — Amended
2007 Ky. Acts ch. 51, sec. 3, effective June 26, 2007. — Amended 1966 Ky. Acts ch.
23, sec. 65. — Created 1948 Ky. Acts ch. 79, sec. 1.
Legislative Research Commission Note (6/26/2007). Under the authority of KRS
7.136(1), the Reviser of Statutes has changed the internal numbering system in this statute, inserting paragraph designations [(a), (b), (c), and (d)] in place of subsection numbers [(1), (2), (3), and (4)] within subsection (1) of this section. The words in the text were not changed.
(a) The hours same has worked on each job in each district; (b) The amounts collected from each job in each district;
Terms Used In Kentucky Statutes 262.630
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Statute: A law passed by a legislature.
(c) The expense of repairing, moving, manning and other usual costs of operation; and
(d) The amount paid by each district for the purpose of amortizing the commission’s investment in the equipment.
(2) Each soil and water conservation district which leases or otherwise obtains a right of use of the infrastructure with the support of the Division of Conservation pursuant to KRS § 262.610 shall maintain in public records a copy of the lease or other contract which provides the district a right of use of the infrastructure; and
(a) In the case of a purchase, the amount paid by each district for the purpose of amortizing the commission’s investment in the infrastructure; or
(b) In the case of lease without right of purchase or some other contractual arrangement or agreement, the payments made to the Division of Conservation for the right of use of the infrastructure.
(3) Each of the soil and water conservation districts shall send a duplicate copy of the records to the commission, who shall retain same in its files for public inspection.
(4) In addition thereto, the commission shall at all times maintain an account showing each piece of heavy or specialized equipment, the title to which is vested in it, and any infrastructure, the title of which may be vested solely in the commission or jointly with the district, and the amount paid thereon by any soil and water conservation district, and the amount remaining to be amortized.
Effective: June 29, 2023
History: Amended 2023 Ky. Acts ch. 10, sec. 4, effective June 29, 2023. — Amended
2007 Ky. Acts ch. 51, sec. 3, effective June 26, 2007. — Amended 1966 Ky. Acts ch.
23, sec. 65. — Created 1948 Ky. Acts ch. 79, sec. 1.
Legislative Research Commission Note (6/26/2007). Under the authority of KRS
7.136(1), the Reviser of Statutes has changed the internal numbering system in this statute, inserting paragraph designations [(a), (b), (c), and (d)] in place of subsection numbers [(1), (2), (3), and (4)] within subsection (1) of this section. The words in the text were not changed.