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Code · Kentucky · Chapter 58 — Acquisition and development of public projects through revenue bonds

58.600 Definitions for KRS 58.600 to 58.610.

297 words·~1 min read·/ky/chapter-58/58-600

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

As used in KRS 58.600 to 58.610, unless the context requires otherwise:
(1)"Energy conservation revenue bonds" or "bonds" means securities issued by a local
public agency in accordance with the provisions of KRS 58.600 to 58.610 to pay for
energy conservation measures under guaranteed energy savings contracts;
(2)"Energy conservation measure" means a facility alteration designed to reduce
energy consumption or operating costs, and may include one
(1)or more of the
following:
(a)Insulation of building structure or systems within buildings;
(b)Storm windows or doors, caulking or weatherstripping, multiple pane
windows or doors, heat absorbing or heat reflective glazing for windows and
doors, additional glazing, reductions in glass area or other window and door
systems modifications that reduce energy consumption;
(c)Automated or computerized energy control systems;
(d)Heating, ventilating, or air conditioning system modifications or
replacements;
(e)Replacement or modification of lighting fixtures to increase energy efficiency
of the lighting system without increasing the overall illumination of the
building, unless an increase in illumination is necessary to conform to
applicable state or local building codes for the lighting system after the
proposed modifications are made;
(f)Energy recovery systems;
(g)Cogeneration systems that produce steam or forms of energy such as heat as
well as electricity for use primarily within a building or complex of buildings;
(h)Energy conservation measures that provide long-term operating cost
reductions; or
(i)Any life safety measures that provide long-term operating cost reductions;
(3)"Local public agency" means a city, county, charter county, urban-county, school
district, special district, or an agency formed by a combination of these agencies
under KRS Chapter 79;
(4)"Capital cost avoidance" has the same definition as in KRS 45A.345; and
(5)"Guaranteed energy savings contract" has the same definition as in KRS 45A.345.
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