When it will be conducive to the public health, convenience or welfare, or when it will be of public benefit or utility, the county judge/executive of any county may establish and aid in the construction of any levee along a river or watercourse within the county in the manner and subject to the provisions of subsection (1) of KRS 266.100, KRS 266.120, subsection (1) of KRS 266.150, and KRS 266.990, with the following exceptions:
(1) In KRS 266.120 persons rendering aid in the repair or protection of the levee shall be paid at the rate of one dollar ($1) per day.
(2) In KRS 266.150 the tax collected shall be paid over to the board of levee commissioners.