KRS 268.380: Cost of improvements not to include interest charges -- Assessed enhanced

value conclusive as to benefits.

(1) If bonds are issued or money borrowed, the interest charges thereon shall not be

considered a part of the cost of improvement in determining whether or not the cost

of improvement is equal to or more than the benefit to the property in the district.

(2) The assessed enhancement of value shall be conclusive as to the benefit that will

inure to the property in the district.