268.380 Cost of improvements not to include interest charges -- Assessed enhanced
73 words·~1 min read·
/ky/268-380A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.