184.355 Powers of district.
473 words·~2 min read·
/ky/chapter-184/184-355A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A transportation improvement district may:
(1)Adopt bylaws for the regulation of its affairs and the conduct of its business;
(2)Adopt an official seal;
(3)Sue and be sued in its own name, plead and be impleaded, provided any actions
against the district shall be brought in the Circuit Court of the county in which the
principal office of the district is located, or in the Circuit Court of the county in
which the cause of action arose, and all summonses, exceptions, and notices of
every kind shall be served on the district by leaving a copy thereof at its principal
office with the secretary-treasurer;
(4)Purchase, construct, maintain, repair, sell, exchange, police, operate, or lease
projects;
(5)Issue transportation improvement district revenue bonds for the purpose of
providing funds to pay the costs of any project or part thereof;
(6)Maintain such funds as it considers necessary;
(7)Direct its agents or employees, when properly identified in writing and after at least
five
(5)days' written notice, to enter upon lands within its jurisdiction to make
surveys and examinations preliminary to the location and construction of projects
for the district, without liability of the district or its agents or employees except for
actual damage done;
(8)Make and enter into all contracts and agreements necessary or incidental to the
performance of its functions and the execution of its powers under KRS 184.350 to
184.395;
(9)Employ, retain, or contract for the services of consulting engineers, superintendents,
managers, and such other engineers, construction and accounting experts, financial
advisers, trustees, marketing, remarketing, and administrative agents, attorneys, and
other employees, independent contractors, or agents as are necessary in its judgment
and fix their compensation, provided all such expenses shall be payable solely from
the proceeds of bonds or from revenues;
(10)Receive and accept from the federal or any state or local government, including but
not limited to any agency, entity, or instrumentality of any of the foregoing, loans
and grants for or in aid of the construction, maintenance, or repair of any project,
and receive and accept aid or contributions from any source or person of money,
property, labor, or other things of value, to be held, used, and applied only for the
purposes for which such loans, grants, and contributions are made. Nothing in this
subsection shall be construed as imposing any liability on this state for any loan
received by a transportation improvement district from a third party unless this state
has entered into an agreement to accept such liability;
(11)Subject to the requirements of KRS 184.360, acquire, hold, and dispose of property
in the exercise of its powers and the performance of its duties under KRS 184.350
to 184.395; and
(12)Do all acts necessary and proper to carry out the powers expressly granted in KRS 184.350 to 184.395.