KRS § 268.350 — KY Code / Title XXII / Chapter 268 / Section 268.350
268.350 Drainage assessment record form -- District assessment table
Status: in_force

268.350 Drainage assessment record form -- District assessment table.

The drainage assessment record provided for in KRS 268.340 shall be in

substantially the following form:

"Drainage Assessment Record

of ________ (drainage), (levee), (reclamation) district, located in the County of

__________, Kentucky. The board of drainage commissioners of ___________ County

has ascertained from an inspection of the report of the appraisers that the total aggregate

of benefits to all of the property in the district is $_________, and that the cost of making

the improvements provided for in the plan for reclamation and the cost of the proceedings

in establishing and organizing the district up to this time are $________, to which sum

we have, as provided by law, added ten percent for the purpose of defraying future

expenses and to create an emergency fund, making the total minimum district assessment

of $_________, which we now levy and assess against the district. It is ordered that a

district bond issue be authorized of ninety percent of the minimum district assessment of

$_________, to consist of fifteen series of equal amount, bearing six percent per annum

interest payable semiannually. One-fifteenth of the total issue of bonds shall mature and

be payable annually. The first series shall become payable five years from the date of

issue, and the last series twenty years from the date of issue.

"It is ascertained that the total amount of interest that will accumulate on the bonds

from the date of issue until maturity will be $_________, and this board therefore orders

that there be levied upon all property in the district an interest assessment amounting to

$_________.

"We do hereby apportion both the minimum district assessment and the district

interest assessment to each piece of property located in the district, ratably according to

the assessment of benefits as appears in the board of appraisers' assessment of benefits as

amended, modified and corrected and shown in the following table:

Table of District Assessments

Name of (owner), (railroad), (public highway) ...................................................................

Post office address ............................................................................................................

Number of (acres of land), (miles of road) assessed as benefited ........................................

In what county located ......................................................................................................

Total amount of benefits assessed ...................................................................... $_______

Total amount of minimum district assessment .................................................... $_______

Total amount of district interest assessment ....................................................... $_______

Total maximum assessment .............................................................................. $_______

"The board of drainage commissioners hereby submits the above as a true and

correct assessment roll upon the lands, railroads, public highways and other property

subject to assessment in the ___________ (drainage), (levee), (reclamation) district, and

prays the county judge/executive to confirm it.

Respectfully submitted.

Board of drainage commissioners of ____________ County.

By _____________, President.

Attest: ____________, Secretary.

(Space for correction by clerk upon order of court)______________________

The above is a correct assessment. Attest: _______________ Clerk."