Urban-county governments created pursuant to this chapter are authorized to provide for, construct and finance wastewater collection projects according to the financing plan set forth in KRS 67A.871 to 67A.894. The authority hereby conferred upon urban -county governments is not intended, nor shall it be construed, to be in derogation or substitution of any authority otherwise conferred upon any urban -county government, but is alternative and in addition thereto. If any urban -county government has undertak en any proceedings under any other law to acquire a project, it may abandon such proceedings and proceed under the provisions of KRS 67A.871 to 67A.894. It is the purpose of KRS 67A.871 to 67A.894 to extend permissive authority to urban -county government to finance wastewater collection projects according to the assessed value basis, whereby benefited properties shall be assessed the cost of such projects according to benefits conferred upon the properties.
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