KRS 91A.570: Duties of the board for the management district -- Annual assessment --

Collection -- Appeal -- Lien.

(1) Upon the effective date of the ordinance establishing the management district, the

board shall implement the economic improvement plan adopted by the legislative

body.

(2) As soon as practicable after its appointment, and each year thereafter as provided by

ordinance, the board shall develop a plan for economic improvements within the

management district and shall prepare an annual detailed budget for the costs of

providing economic improvements and shall submit the plan and budget to the

legislative body for its approval.

(3) Upon approval of the economic improvement plan and annual budget, the board

shall:

(a) Submit the budget to the Department f or Local Government as provided in

KRS 65A.020;

(b) Publish pursuant to KRS Chapter 424 and mail by first -class mail to each

affected property owner a description of the plan, the fair basis of assessment

to be utilized, the estimated cost to the property owner, and the ratio that the

cost to each property owner bears to the total cost of the economic

improvements.

(4) The ordinance establishing the management district shall provide a procedure for

the annual collection of the assessment for the economic improvements.

(a) The board may be directed to annually prepare and mail by first -class mail to

an owner of each parcel of real property the annual assessment, and to

establish due dates and penalties and interest, if any, for delinquent payment;

or

(b) The annual assessment may be collected in the same manner, at the same

times, and by the office authorized by law for the collection and enforcement

of general city taxes, in which case the collector of taxes shall make regular

remittances of the amounts coll ected to the board. The penalties and interest

for delinquent taxes may be applied to delinquent assessments, or separate

penalties and interest may be imposed; however, no discount shall be provided

for early payment.

(c) Notwithstanding the method of col lection for the assessment that is adopted,

any affected property owner shall be afforded the right to contest the amount

of assessment or the inclusion of his property. The contest shall be filed with

the board within thirty (30) days of the receipt of the assessment. The property

owner shall have the right to appear before the board and present evidence. A

record shall be made of the proceedings and the board shall render a written

decision. The decision of the board may be appealed to the Circuit Court o f

the county in which the city is located.

(5) The amount of any outstanding assessment on any property, and accrued interest

and other charges, shall constitute a lien on the property. The lien shall take

precedence over all other liens, whether created p rior to or subsequent to the

assessment, except a lien for state and county taxes, general municipal taxes, and

prior improvement assessments, and shall not be defeated or postponed by any

private or judicial sale, by any mortgage, or by any error or mista ke in the

description of the property or in the names of the owners. No error in the

proceedings of the city legislative body or the board shall exempt any property from

the lien for the economic improvement assessment, or from payment thereof, or

from the penalties or interest thereon, as herein provided.