74.490 Commission may contract to supply other public bodies. - Kentucky Statutes

Download pdf

Loading PDF...

74.490 Commission may contract to supply other public bodies. The commission shall also have the right to supply water to any city, water association,
water district, political subdivision, federal agency or other public body, or any water
distribution system regulated by the Public Service Commission, in addition to the cities,
water associations, water districts, or federal agencies which are represented by the
commission, upon the payments, terms, and conditions mutually agreed upon. No capital
expenditures shall be made by the commission for the purpose of furnishing water to the
other party or parties. Any contract entered into to supply water to a city, water
association, water district, federal agency, political subdivision, or other public body shall
provide that payments to be made thereunder shall be solely from the revenues to be
derived by the city, water association, water district, political subdivision, or other public
body from the operation of the water works distribution system thereof; and the contract
shall be a continuing, valid, and binding obligation of the city, water association, federal
agency, water district, political subdivision, or other public body, payable from the
revenues for a period of years, not to exceed fifty (50), as provided in the contract. Any
contract shall not be a debt of any city, water association, water district, federal agency,
political subdivision, or other public body within the meaning of any statutory or
constitutional limitations. Effective: June 24, 2003
History: Amended 2003 Ky. Acts ch. 167, sec. 8, effective June 24, 2003. -- Amended 1996 Ky. Acts ch. 122, sec. 8, effective July 15, 1996. -- Created 1960 Ky. Acts
ch. 207, sec. 8, effective June 16, 1960.