KRS 220.611: Bonds of several construction subdistricts -- Purposes, effect.

(1) The district may issue for one (1) or more construction subdistricts bonds to finance

construction of trunk, main, connecting sewers and any other facilities necessary to

which, directly or indirectly, connect one (1) or more of such construction

subdistricts to either the district facilities or to a treatment plant, disposal plant, or

outfall sewer which also serves, directly or indirectly, at least one (1) other

construction subdistrict. Such bonds may also be used to finance construction of a

treatment p lant, disposal plant, or outfall sewer of the type described in the

preceding sentence.

(2) Bonds issued pursuant to subsection (1) shall be construction subdistrict obligations

for all construction subdistricts for which they are issued.

(3) Except as pro vided in this section, bonds authorized by subsection (1) shall be

governed by KRS 220.577 and 220.591. Such bonds shall be construction

subdistrict bonds within the meaning of paragraph (a) of subsection (3) of KRS

220.593. They shall not be considered co nstruction subdistrict bonds within the

meaning of subsection (6) of KRS 220.593.