Incorporated municipalities are authorized to provide for, construct, and finance improvements, as herein defined, according to the plan set forth in this chapter. The authority hereby conferred is not intended to be in derogation of any authority otherwise conferred upon such municipalities, but is alternative and in addition thereto. If a municipality has taken any step or steps under any other law to provide for, construct or finance any improvements allowed to be undertaken by this chapter, it may abandon the procedure under the other law, if it so desires, and proceed under the provisions of this chapter, if it can do so without impairing any contractual right or contractual rights.
KRS 107.010
Construction and finance of improvements -- Alternate method authorized
Known as the Kentucky Privatization Act
The act spans §§ 107–107 (57 sections).
Applied in 1 court decision — leading case Coppage Construction Co. v. Sanitation District No. 1 (2015)
Most recently applied in Coppage Construction Co. v. Sanitation District No. 1 (May 2015)
History: Amended 1970 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.