220.607 Winding up of construction subdistrict affairs, when, effect.
175 words·~1 min read·
/ky/chapter-220/220-607A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 220.010 to
220.540.
(2)There is not outstanding any bonds issued pursuant to KRS 220.611(2) 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 has no outstanding obligations.
(4)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.