Kentucky Statutes 76.272 – Bonds of several construction subdistricts — Purposes, effect
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(1) The district may issue for one or more construction subdistricts bonds to finance construction of trunk, main, connecting sewers and any other facilities necessary to which, directly or indirectly, connect one or more of such construction subdistricts to either the district facilities or to a treatment plant, disposal plant, or outfall sewer which also serves, directly or indirectly, at least one (1) other construction subdistrict. Such bonds may also be used to finance construction of a treatment plant, disposal plant, or outfall sewer of the type described in the preceding sentence.
(2) Bonds issued pursuant to subsection (1) shall be construction subdistrict obligations for all construction subdistricts for which they are issued.
(3) Except as provided in this section, bonds authorized by subsection (1) shall be governed by KRS § 76.254 and KRS § 76.261. Such bonds shall be construction subdistrict bonds within the meaning of paragraph (a) of subsection (3) of KRS § 76.262. They shall not be considered construction subdistrict bonds within the meaning of subsection (6) of KRS § 76.262.
History: Created 1964 Ky. Acts ch. 33, sec. 26.
(2) Bonds issued pursuant to subsection (1) shall be construction subdistrict obligations for all construction subdistricts for which they are issued.
Terms Used In Kentucky Statutes 76.272
- Treatment: when used in a criminal justice context, means targeted interventions
that focus on criminal risk factors in order to reduce the likelihood of criminal behavior. See Kentucky Statutes 446.010
(3) Except as provided in this section, bonds authorized by subsection (1) shall be governed by KRS § 76.254 and KRS § 76.261. Such bonds shall be construction subdistrict bonds within the meaning of paragraph (a) of subsection (3) of KRS § 76.262. They shall not be considered construction subdistrict bonds within the meaning of subsection (6) of KRS § 76.262.
History: Created 1964 Ky. Acts ch. 33, sec. 26.