Ky. Rev. Stat. § 67A.892

Current through 2024 Ky. Acts ch.225
Section 67A.892 - Insufficiency of lump-sum payments and bonds

If, by reason of miscalculation or the happening of unforeseen events or conditions, the total proceeds of the lump-sum payments and bonds authorized by the ordinance of bond authorization should prove to be insufficient to provide for the completion of the project and the payment in full of all costs thereof, the urban-county government shall be responsible for any such deficiency.

KRS 67A.892

Effective:7/15/1982
Amended 1982 Ky. Acts ch. 334, sec. 4, effective7/15/1982. -- Created 1976 Ky. Acts ch. 371, sec. 22, effective 3/30/1976.