107.015 Purpose of KRS 107.020, 107.030, 107.085, 107.140, and 107.190. - Kentucky Statutes

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107.015 Purpose of KRS 107.020, 107.030, 107.085, 107.140, and 107.190. It is the purpose of KRS 107.020, 107.030, 107.085, 107.140, and 107.190 to extend
permissive authority of municipalities for assessment financing of certain public
improvements according to the "assessed value" basis by (a) permitting such financing of
sewage treatment plants and appurtenances, as well as other sewer installations, (b)
simplifying procedures under certain conditions, (c) permitting assessment bonds for
sewer projects to mature over a period up to thirty (30) years, and (d) amending and
reenacting certain specified sections of this chapter to make them consistent herewith. History: Amended 1970 Ky. Acts ch. 242, sec. 1. -- Created 1960 Ky. Acts ch. 226, sec. 1.