Kentucky Revised Statutes (Last Updated: May 10, 2014) |
TITLE IX. COUNTIES, CITIES, AND OTHER LOCAL UNITS |
CHAPTER 106. ACQUISITION OF WATERWORKS BY CITIES AND WATER DISTRICTS |
010. Authority of water districts and cities not of the first class to acquire and operate waterworks. |
020. Authority to acquire sewerage system with water system. |
030. Provisions of chapter are alternative. |
040. Agreement as to purchase price of waterworks. |
050. Authority to borrow money and issue bonds. |
060. Interest and payment of bonds. |
070. Bonds negotiable -- Sale -- Nonliability of city. |
080. Proceeds of bonds not to be diverted -- Lien on waterworks property. |
090. Remedies of bondholders. |
100. Procedure in case of default. |
110. Pledge of income and revenue -- Form of resolution or ordinance. |
120. Transfer of surplus in operating and maintenance funds to depreciation account. |
130. Expenditure of depreciation account funds. |
140. City to pay charges for waterworks service. |
150. Funding bonds. |
160. Additional bonds. |
170. Additional bonds for extensions and permanent improvements. |
180. Authority to provide for administration and security of bondholders. |
190. Setting aside of fund equal to amount of secured debt or charge. |
200. Procedure for sale, conveyance, rental, or lease of city-owned waterworks system. |
210. Powers and functions of water district commissioners and city legislative bodies. |
220. Power of eminent domain. |
230. Procedure for condemnation. |
240. Repealed, 1976. [Repealed] |
250. Limitation on right to challenge validity of resolution or ordinance. |
260. Form of bonds -- Improvement or refunding bonds -- Negotiability -- Procedure for sale. |
270. Public Service Commission and other state agencies to have no jurisdiction over waterworks. |