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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) If bonds are issued or money borrowed, the interest charges thereon shall not be considered a part of the cost of improvement in determining whether or not the cost of improvement is equal to or more than the benefit to the property in the district.
(2) The assessed enhancement of value shall be conclusive as to the benefit that will inure to the property in the district.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXII. Levees, Drainage, and Reclamation of Lands § 268.380.Cost of improvements not to include interest charges; assessed enhanced value conclusive as to benefits - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxii-levees-drainage-and-reclamation-of-lands/ky-rev-st-sect-268-380/
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