A sanitation district organized under KRS § 220.010 to KRS § 220.540, a sewer construction district organized under KRS § 76.300 to KRS § 76.420, and a sewage system owned by any municipality, political subdivision, or any other entity, public or private, may be made a construction subdistrict or incorporated into the district area by the board under the conditions of this section.
(1) Any such district or system may be made a construction subdistrict only when:
(a) Express, written consent of all bondholders and secured creditors has been obtained;
(b) The governing body or owner of such district or system has consented in writing; and
(c) The board has determined that the policy of KRS § 76.010 to KRS § 76.295 will best be served by making such district or system a construction subdistrict.
(2) When such district or system has been made a construction subdistrict under subsection (1), KRS § 76.241 to KRS § 76.253 and KRS § 76.257 to KRS § 76.259 shall not apply to it.
(3) Any such district or system may be incorporated by the board into the district area only when:
(a) All debts of the district or system have been paid or an amount of either money or securities lawful as investments under KRS § 386.020 has been laid aside to pay them by the governing body or owner of such district or system;
(b) The governing body or owner of such district or system has consented in writing;
(c) Such district or system is not within a sanitation tax district organized under
KRS § 76.274; and
(d) The board has determined that the policy of KRS § 76.010 to KRS § 76.210 will best be served by incorporating such district or system into the district area.
Effective: July 15, 1980
History: Amended 1980 Ky. Acts ch. 188, sec. 62, effective July 15, 1980. — Created
1964 Ky. Acts ch. 33, sec. 46.