KRS 76.271: Winding up of construction subdistrict affairs, when, effect.

The district shall wind up the affairs of a construction subdistrict and incorporate it into

the district area only when:

(1) The board finds that such action would best serve the policy of KRS 76.010 to

76.295.

(2) There are not outstanding any bonds is sued pursuant to subsection (2) of KRS

76.272 if the proceeds of such bond issue have been used, are being used, or will be

used to construct trunk, main, or intercepting sewers which, directly or indirectly,

connect the construction subdistrict to either the district facilities or to a treatment

plant, disposal plant, or outlet sewer also serving, directly or indirectly, another

construction subdistrict.

(3) The construction subdistrict is not within a sanitation tax district organized under

KRS 76.274.

(4) The construction subdistrict has no outstanding obligations.

(5) The construction subdistrict has paid for its equitably allocable share of the capital

costs of, and is connected to, directly or indirectly either

(a) The district facilities, or

(b) A treatment plant, disposal plant, or outfall sewer and any trunk, main, or

intercepting sewers built to connect at least two (2) construction subdistricts to

such treatment or disposal plant, or outfall sewer.

(6) The provisions of this section shall not apply in cases involving annexation by a city

of the first class pursuant to KRS 81.300 to 81.360.