{"data":{"id":"us-ky/krs-76.262","jurisdiction":"us-ky","citation":"KRS 76.262","heading":"Rate schedule for construction subdistrict -- Notice -- Objections --","body":"Purposes -- Subdistrict fund, uses.\n(1) The district is authorized to establish a schedule of rates, rentals, and charges to be\ncollected from all real property within a construction  subdistrict served by\nconstruction subdistrict facilities. This schedule shall be in addition to the charge\nauthorized by KRS 76.090. This schedule shall be determined for each construction\nsubdistrict on the basis of one (1) or more of the factors stated  in subsection (1) of\nKRS 76.090.\n(2) Before final adoption of such a schedule the district shall give notice of it pursuant\nto KRS Chapter 424. The first notice shall be dated as of the date of the first\npublication; that notice shall state that the propo sed or revised schedule of rates,\nrentals, and charges will remain open for inspection in the office of the district for\nthirty (30) days from the date in the notice, and that any person claiming to be\naggrieved by the proposed schedule may file written ob jections to it with the\ndistrict. The district shall examine and hear any and all such objections, may modify\nthe proposed schedule, and shall adopt and establish a final schedule within sixty\n(60) days after the date of the first notice.\n(3) Such schedule shall be established and revised from time to time so as to produce\nrevenues for the construction subdistrict sufficient:\n(a) For the payment of all construction subdistrict bonds and obligations except\nthose payable from assessments;\n(b) For the payment of all costs and expenses of operating and maintaining the\nconstruction subdistrict which expenses shall include, but not be limited to, an\nequitable portion of the wages, salaries, and fees of officers and employees of\nthe district;\n(c) For the payment to  the district of an amount which represents an equitable\nallocation of the cost of district facilities used, directly or indirectly, by the\nconstruction subdistrict if there is such a use;\n(d) To meet all or part of reasonably foreseeable future need for t runk, main,\nconnecting sewers and any other facilities necessary to link the construction\nsubdistrict facilities to the district facilities or, where such linkage is not\nfeasible, to link the construction subdistrict facilities to and dispose of the\nsewage in a treatment plant serving at least one (1) other construction\nsubdistrict;\n(e) For the payment of an equitable portion, not to exceed twice the amount\nrequired by paragraph (b), of any amount necessary to establish and maintain a\nfund created by subsection (6) and\n(f) For the payment of all cost of renewals and replacements of construction\nsubdistrict facilities.\n(4) Any and all portions of expenses, salaries, wages and fees necessary or incident to\nimprovements for which bonds are issued may be paid from bond proceeds.\n(5) The rates, rentals, and charges authorized by this section need not be the same for\nall real property within the construction subdistrict but may be based upon any\nreasonable classification.\n(6) The district may create a fund for construction subdistrict purposes generally, which\nfund may be used from time to time at the discretion of the district's board for the\npurpose of financing sewerage and drainage studies, paying engineering costs, and\ndefraying, in whole or in part, the cost of the construction or acquisition of sewerage\nand drainage facilities for any existing or proposed construction subdistricts.","path":["KRS Chapter 76"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=24527","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:36Z","sha256":"6fd8892d938767a0bef050c95f98ebc5d01c5a63127efaea329bb15941622e35","source_id":"us-ky","stale":false,"prev":"us-ky/krs-76.261","next":"us-ky/krs-76.263"},"notice":"GroundRules: Original legal text. Not legal advice."}