91A.280 Payment of assessment or installment -- Lien. - Kentucky Statutes

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91A.280 Payment of assessment or installment -- Lien. (1) After the passage of time for the action provided for in KRS 91A.270, or after favorable final judgment in any such action, whichever comes later, the city may
proceed with the improvement or part thereof as was stayed by the action, including
notice requiring payment of special assessment or installment thereon and bonds or
other methods proposed to finance the improvement. The first installment may be
apportioned so that other payments will coincide with payment of ad valorem taxes. (2) The amount of any outstanding assessment or installments thereof on any property, and accrued interest and other charges, shall constitute a lien on the property to
secure payment to the bondholders or any other source of financing of the
improvement. The lien shall take precedence over all other liens, whether created
prior to or subsequent to the publication of the ordinance, except a lien for state and
county taxes, general municipal taxes, and prior improvement taxes, and shall not
be defeated or postponed by any private or judicial sale, by any mortgage, or by any
error or mistake in the description of the property or in the names of the owners.
No error in the proceedings of the city legislative body shall exempt any benefited
property from the lien for the improvement assessment, or from payment thereof, or
from the penalties or interest thereon, as herein provided. History: Created 1980 Ky. Acts ch. 234, sec. 9, effective July 15, 1980.