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Code · Kentucky · Chapter 224A — Kentucky infrastructure authority

224A.190 Imposition of service charges by local governmental agencies.

328 words·~1 min read·/ky/chapter-224a/224a-190

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Each governmental agency which has entered into an assistance agreement with the
authority whereby such governmental agency has covenanted to impose service
charges and remit same to the authority, shall, as provided in such assistance
agreement, at the due time impose such service charges, use and employ all of such
governmental agency's power and authority to enforce and collect such service
charges, including requiring termination of water service to any delinquent user, and
promptly remit the amounts collected as representing service charges from its users
directly to the authority. All such service charges shall be remitted to the authority
with a report showing collections and any delinquencies, such report to be made on
or before the twentieth day of the month following the payment of such service
charges.
(2)All sums received by the authority as representing service charges generated by
assistance agreements shall constitute authority revenues and shall be used, treated,
and employed by the authority in accordance with the provisions of this chapter.
(3)In the event, for any reason, the schedule of service charges levied by the
governmental agency in accordance with an assistance agreement shall prove to be
insufficient to afford repayment to the authority of the minimum sums stipulated in
KRS 224A.100, in accordance with the agreed repayment schedule, the authority
shall forthwith advise the governmental agency, and the governmental agency shall
promptly adjust such service charges so as to provide funds sufficient for such
payments to the authority in accordance with the terms and conditions of the
assistance agreement. As provided in this chapter, the authority may compel any
such governmental agency to adjust such service charges to meet the requirements
of any assistance agreement, or may proceed to adjust, levy, and collect such service
charges itself, in the name of the authority, and for the benefit of the authority, such
direct levies and collections to additionally provide sums sufficient for the costs of
levying, billing, and collecting such service charges.
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