Kentucky Code § KRS 268.380

Cost of improvements not to include interest charges -- Assessed enhanced value conclusive as to benefits
Open in Lexace · Ask the AI about this section
(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.

‹ Prev All Kentucky sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.