KRS 107.210: Procedure where proceeds of bonds authorized by third ordinance

insufficient.

If, by reason of miscalculation or the happening of unforeseen events or conditions, the

proceeds of the bonds authorized by the third ordinance should prove to be insuffici ent to

provide for the completion of the project and the payment in full of all costs thereof, the

governing body shall be authorized to issue and sell additional bonds sufficient to make

up the deficiency, and such additional bonds shall rank on a parity as to security and

source of payment with the bonds originally authorized. In the case of wastewater

collection projects, the metropolitan sewer district shall be required to levy pro rata an

additional assessment on owners of benefited property who have e lected to make lump -

sum payments in full.