Title XV, Roads, Waterways, and Aviation

(1) Each director, before entering upon his official duties, shall take and subscribe to an oath before the county clerk that he will honestly, faithfully and impartially perform the duties of his office and that he will not be interested directly or indirectly in any contract le…

Compensation -- Regulations -- Approval of accounts and acts of directors -- Compliance with KRS 65A.010 to 65A.090 -- Dissolution of district. (1) The board of directors, which is hereby declared to be the governing body of the road district, shall keep a record of its proceedin…

The board of directors shall fix the time and place for regular meetings of the board and may hold such other meetings as are called by the chairman or any two (2) members of the board upon two (2) days' notice in writing to all members of the board. A majority of the directors s…

Upon qualification of the members of the board of directors, the board shall take up with its engineer the plans and specifications proposed for the construction or maintenance of the road, and may make such changes therein as may, within the scope of the improvement or maintenan…

contract. Upon the final approval of the plans and specifications, the board of directors shall adopt a resolution approving and accepting said plan, and advertising for bids for the construction or maintenance of the road according to such plans and specifications. The board sha…

When a bid has been accepted and the cost of constructing the road improvement or the cost of the maintenance has thus been determined, the board of directors shall prepare a statement of all costs of constructing the project or providing road maintenance (including the cost of o…

The assessment made by the board of directors against each owner of property abutting upon the road improvement shall be and become a lien on the property of such owner and shall be prior and superior to all other liens except those of taxes.

The board of directors shall notify each property owner in writing of the assessment made against him and shall also cause printed notices setting forth the assessments against each property owner to be posted in at least ten (10) public places along the road to be improved or ma…

(1) Any property owner who desires to exercise the privilege of payment by installment shall, before the expiration of said thirty (30) days, pay in cash one-tenth (1/10) of the assessment against him and enter into an agreement in writing with the road district that, in consider…

In all cases where agreements to pay assessments in installments have not been filed within the time limit, the entire amount of the assessment shall be payable in cash. Any assessment not paid within thirty (30) days from the date of notice, shall bear interest at the rate or ra…

If any property against which an assessment has been levied is owned by an infant, by a person adjudged mentally disabled or a life tenant, the agreement herein provided for may be executed by the statutory guardian of such infant or the guardian, conservator or curator of such m…

Any person may, at any interest-payment period after the fifth installment of his assessment has become due and has been paid, pay the entire balance of such assessment against his property with accrued interest to the next succeeding interest period. In the event that an owner w…

It shall be the duty of the board of directors to cause to be mailed to each property owner liable for an assessment, to his last known address, a notice of the amount falling due ten (10) days prior to the date on which any installment of principal becomes due. The failure of su…

lien. If any person liable for any part of said assessment defaults in the payment of any installment thereof or interest thereon for one (1) month after payment becomes due, a penalty of ten percent (10%) of the installment in arrears shall be added thereto, which shall constitu…

It shall be the duty of the district treasurer promptly to apply all moneys paid in on installments of principal or interest and on penalties to the payment of the bonds and coupons or apportionment warrants issued hereunder. If the fund accumulated from the collection of assessm…

In the event that a property owner fails or refuses to pay his assessment in cash within thirty (30) days or to pay one-tenth (1/10) of his assessment in cash within thirty (30) days and execute an agreement to pay the balance in nine (9) equal annual installments with interest, …

At the end of the thirty (30) day period following the notification of all property owners of the assessment against their property, the attorney for the district, upon receiving instructions so to do, shall file in the office of the county clerk a lis pendens notice against each…

In order to obtain funds sufficient to pay for the construction of the proposed improvement, or sufficient to pay for the reasonable maintenance of the road, being the balance required after the receipt of full cash payments and initial installment payments, but not including in …

In the event that the board of directors determines to issue apportionment warrants, the warrants shall be issued against each parcel of property against which there is a lien for an unpaid balance of the assessment, shall bear interest at the rate or rates or method of determini…

holders -- Payment. (1) In the event that the board of directors determines to issue road improvement bonds, or road district bonds for maintenance purposes, it may pledge the special assessment and liens on the property for the payment of the principal and interest of the bonds …

The bonds shall be sold at public sale to the highest responsible bidder. The sale shall be advertised by publication pursuant to KRS Chapter 424. If no bidder offers a purchase price deemed acceptable by the board of directors for the purchase of the bonds, then the road distric…

The treasurer of the road district shall be charged with the keeping of all moneys collected on account of the special assessment, interest and penalties, and he shall disburse the same only in payment of the construction costs, apportionment warrants or bonds, as the case may be…

The sale of any parcel of land for the nonpayment of any special tax or assessment thereon or for any general tax shall not thereby release said parcel of ground from any other special tax or assessment existing thereon unless the same be asserted in the action in which such parc…

Purchase at sale by district. In any action to foreclose its lien brought by the road district or by any bondholder, it shall not be necessary to make the other bondholders parties. The proceeds of the suit shall be paid to the treasurer of the district and by him applied to the …

As used in KRS 184.350 to 184.395: (1) "Administrative agent" means a bank, trust company, or other person which has responsibility for authenticating, delivering, or redeeming commercial paper on behalf of the issuer; (2) "Agent" means, as applicable, one (1) or more of the pers…

(1) A transportation improvement district may be created by the legislative body of a city with a population of at least twenty thousand (20,000), a county, or by a group of up to three (3) contiguous counties. A transportation improvement district shall be governed by a board of…

A transportation improvement district may: (1) Adopt bylaws for the regulation of its affairs and the conduct of its business; (2) Adopt an official seal; (3) Sue and be sued in its own name, plead and be impleaded, provided any actions against the district shall be brought in th…

(1) The board of trustees of a transportation improvement district may provide for the construction, reconstruction, improvement, alteration, or repair of any road, highway, public place, building, or other infrastructure, if the board determines that the public improvement will …

(1) (a) A transportation improvement district may acquire by purchase, lease, lease- purchase, lease with option to purchase, appropriation, or otherwise in the manner and for the consideration it considers proper, any public or private property necessary, convenient, or proper f…

The board of trustees of a district may: (1) Acquire, by any method other than condemnation, real property in fee simple in the name of the district in connection with, but in excess of that needed for, a project; (2) Hold the property for a period of time as the board determines…

and employees not liable in personal capacities. (1) In addition to bonds issued in accordance with KRS 65.7041 to 65.7083, the board of trustees of a transportation improvement district may provide by resolution for the issuance, at one (1) time or from time-to-time, of bonds of…

The board of trustees of a transportation improvement district may provide by resolution for the issuance of bonds of the district, payable solely from pledged revenues, for the purpose of refunding any bonds then outstanding, including the payment of related financing expenses a…

(1) Bonds issued by a district do not constitute a debt, or a pledge of the faith and credit, of the state or of any political subdivision of the state. Bond service charges on outstanding bonds are payable solely from the pledged revenues pledged for their payment as authorized …

(1) In the discretion of the board of trustees of a transportation improvement district, any bonds may be secured by a trust agreement between the board and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without the stat…

Revenues derived from each project of a transportation improvement district in connection with which any bonds are outstanding shall be first applied to pay the cost of the construction, maintenance, and repair of the project and to provide such reserves therefor as are provided …

184.350 to 184.395 and applicable bond proceedings. All moneys received by the board of trustees of a transportation improvement district under KRS 184.350 to 184.395, whether as proceeds from the sale of bonds, as revenues, or otherwise, are to be held and applied solely as prov…

Any holder of bonds issued and outstanding under KRS 184.350 to 184.395, or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights given by KRS 184.350 to 184.395 may be restricted or modified by the bond proceedings, m…

Conditions. The exercise of the powers granted by KRS 184.350 to 184.395 is in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions. As the construction, maintenan…

The Transportation Cabinet may undertake a demonstration project to study, develop, and demonstrate ways to facilitate public-private cooperation and flexibility in financing, constructing, maintaining, or operating transportation projects. In so doing, it may take all steps nece…

It is hereby found and determined that surface transportation projects undertaken pursuant to KRS 184.350 to 184.395 are essential and will contribute to the improvement of the prosperity, health, safety, and welfare of the people of a transportation improvement district and to a…

Notwithstanding any other statute to the contrary, the approval, consent, or cooperation of a political subdivision is not required for a transportation improvement district project that involves constructing or improving a highway that runs through the territory of the political…

improvement district -- Conditions. (1) The legislative body of a county may enter into an agreement with a transportation improvement district of a contiguous county for the district to undertake a project that is located wholly or partially within that county, provided that the…