(1) If the ordinances and proceedings authorized by thi s chapter shall encompass and include less than all of the undertakings authorized and contemplated by the definitions set forth in KRS 107.020, (i.e., a street improvement project with or without sidewalk, curb, gutter, and/or storm or surface water sewer s or drains or sanitary sewers, or sewage treatment facilities or fire hydrant in a city), the city shall not be precluded from ordaining and requiring the omitted matters and structures to be constructed at the expense of the benefited properties at any time in the future, in accordance with the provisions of this chapter, or in accordance with any other applicable laws. (2) If the improvement project shall encompass all of the elements included in the definition of "improvement" or "project" as set forth in this chapter, the city shall not thereafter undertake any project for any part of the improvements as herein defined, except: (a) At the exclusive cost of the city; (b) At the cost of the benefited properties from and after fifteen (15) years after completion and acceptance of the project; or (c) From the proceeds of revenue bonds payable from service charges.
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