KRS 76.070: District to take over existing sewer facilities -- Duration of control and

functions.

(1) When the district created under KRS 76.010 to 76.210 has organized, thereupon and

by virtue of KRS 76.010 to 76.210, the existing sewer and drainage system and

facilities of the city forming a district pursuant to KRS 76.010, together with all

contracts, books, maps, plans, papers and records, of whatever description

pertaining to or relating to the design, construction, maintenance, operation, and

affairs of the existing sewer and drainage system, shall be assigned, transferred, and

dedicated to the use of and be in possession, and under the jurisdiction, control, and

supervision, of the district under KRS 76.010 to 76.210 created, and the district is

empowered to take possession thereof for its use and purposes. The district created

under KRS 76.010 to 76.210 shall thereafter have complete jurisdiction, control,

possession, and supervision, of the existing sewer and drainage system, and of all of

the facilities o f the city for the disposal of sewage and storm water, and shall

continue to exercise such power so long thereafter as any bonds or liabilities of the

district remain unpaid or have not been otherwise discharged. When all of the bonds

issued by the distric t and all its obligations have been paid in full or have been

otherwise discharged, the district shall nevertheless continue to function as

contemplated by KRS 76.010 to 76.210 until dissolved and disposition of its

property and assets provided for.

(2) The rights and powers given in this section shall apply in the whole of the district

area.

(3) The board shall make and spread upon its records adequate descriptions, by map or

otherwise, of the district area.