United States — Kentucky Statutes

Browse 36,272 source-backed statutes, open stored provisions, and verify official source links.

United States — Kentucky

KRS § 107.190 Action by city where ordinances and proceedings encompass less than all the undertakings contemplated by KRS 107.020, where all are encompassed and city undertakes additional improvements.

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A city may later require omitted improvement items to be built at the benefited properties’ expense, but once a project includes all required elements, the city may not do further project work except under stated cost/funding conditions.

Ordinance Open & Chat
United States — Kentucky

KRS § 107.200 Procedure by city where no bids received on offered bonds.

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If a city gets no acceptable bids for offered bonds, it may award the bonds to a contractor if the stated conditions are met.

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United States — Kentucky

KRS § 107.210 Procedure where proceeds of bonds authorized by third ordinance insufficient.

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If bond proceeds from the third ordinance are not enough, the governing body may issue and sell additional bonds; in wastewater collection projects, the metropolitan sewer district must levy an extra pro rata assessment on certain property owners.

Ordinance Open & Chat
United States — Kentucky

KRS § 107.220 Refunding bonds -- When issued.

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The governing body may issue refunding bonds to pay outstanding bonds.

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United States — Kentucky

KRS § 107.310 Definitions.

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This section defines key terms used in KRS 107.320 to 107.500, including “district,” “board,” “governmental unit,” and “building and related facilities.”

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United States — Kentucky

KRS § 107.320 Community improvement districts for counties containing a city with population of 3,000 or more -- Corporate powers.

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In counties with a city of at least 3,000 people, a community improvement district may be created.

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United States — Kentucky

KRS § 107.330 Purpose of district.

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The district’s purpose is to provide for acquiring or constructing, and equipping, needed buildings and related facilities for projects serving a county purpose.

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United States — Kentucky

KRS § 107.340 Board of commissioners -- Membership -- Terms -- Officers -- Quorum -- Removal of board members.

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A district is run by a 4-member board of commissioners with set term lengths, appointment rules, quorum rules, and limits on compensation.

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United States — Kentucky

KRS § 107.350 Levy of ad valorem tax.

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The district board may ask the county fiscal court to levy an ad valorem tax, and the fiscal court must levy it in the stated circumstances, subject to a rate cap and bond/expense limits.

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United States — Kentucky

KRS § 107.360 Submission of question of project to voters -- Procedure on approval.

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The board and fiscal court must follow a voter-approval process before a project financed by bonds and an ad valorem tax can move forward.

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United States — Kentucky

KRS § 107.370 Powers of board.

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The board has broad powers to finance, build, lease, manage, maintain, and operate buildings and related facilities, and to hire staff and enter related agreements.

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United States — Kentucky

KRS § 107.380 Annual report -- Compliance with KRS 65A.010 to 65A.090.

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The board must file a written annual report on its operations with the county judge/executive and comply with KRS 65A.010 to 65A.090.

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United States — Kentucky

KRS § 107.390 Condemnation powers of board.

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The district may condemn property for its purposes, and it must bring condemnation actions under the statutes that apply to the Department of Highways.

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United States — Kentucky

KRS § 107.400 Approval necessary to condemnation action.

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The board must get the fiscal court’s approval before starting a condemnation action.

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United States — Kentucky

KRS § 107.410 Lease of buildings and facilities to governmental units -- Sublease.

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Governmental units in the county may lease district buildings and may sublease them, but a lease or sublease for a particular building cannot exceed 40 years; renewals may be for the same or a shorter period.

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United States — Kentucky

KRS § 107.420 Contract of lease prior to acquisition of site and construction of buildings.

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A county governmental unit may lease with the district before a site is actually acquired and before building construction starts.

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United States — Kentucky

KRS § 107.430 Lease options.

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A lease may let the lessee renew the lease or buy the leased building, but it cannot require any governmental unit to buy it.

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United States — Kentucky

KRS § 107.440 Conveyance or lease of land by governmental unit to district.

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A governmental unit may convey or lease land to a district, but the transfer must be authorized by the unit’s governing body and the documents must be signed by the authorized officers.

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United States — Kentucky

KRS § 107.450 Revenue bonds authorized.

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The district may issue revenue bonds to pay for acquiring real or personal property for the purposes in KRS 107.310 to 107.500.

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United States — Kentucky

KRS § 107.460 Prerequisites to issuance of bonds.

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The board may sell and deliver general obligation bonds, but only with the approval required by KRS Chapter 66, within constitutional principal limits, and after taking the actions required by KRS Chapter 66 before issuance.

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