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Code · Kentucky · Chapter 76 — City-county metropolitan sewer, sewer construction, and sanitation districts

76.210 Tax exemptions.

108 words·~1 min read·/ky/chapter-76/76-210

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It is hereby found and declared that the creation of the district and the carrying out of its corporate purposes is in all respects in the interest of the public health and is a public purpose; that the district is performing a governmental function in the exercise of the powers conferred upon it by KRS 76.010 to 76.210 and it shall be required to pay no taxes or assessments upon any property owned or acquired by it, under its jurisdiction, control, possession, or supervision, or upon its activities in the operation and maintenance of its facilities. Bonds issued by the district and income therefrom are exempt from taxation.
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