76.257 Financing may be arranged as in cities, terms in KRS Chapter 107 defined. - Kentucky Statutes

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76.257 Financing may be arranged as in cities, terms in KRS Chapter 107 defined. (1) In the financing of a construction subdistrict the district may use the authority and procedures granted to incorporated municipalities by KRS 107.010 to 107.220.
When applied to construction subdistricts, terms used in KRS 107.010 to 107.220
shall be construed to mean the following: "city" means "metropolitan sewer
district"; "ordinance" means "resolution"; "clerk" means "secretary-treasurer of
district"; "governing body" means "metropolitan sewer district board"; and "mayor
or chairman of board of directors" means "chairman of metropolitan sewer district
board." Bonds issued pursuant to this section are construction subdistrict bonds and
obligations secured by assessments. (2) The provisions of subsection (1), permitting financing subdistrict construction under the provisions of KRS 107.010 to 107.220, shall not repeal or reduce any
existing rights or duties of the district, but shall constitute an additional method of
financing. History: Created 1964 Ky. Acts ch. 33, secs. 31 and 32.