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67A.790 When levy to be made -- When due -- Penalties for nonpayment.

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67A.790 When levy to be made -- When due -- Penalties for nonpayment. The annual improvement assessment for each project shall be levied by the governing <br>body when the levy for general urban-county taxes is made; and such improvement <br>assessment levy shall be due at the same time, or times, when the general urban-county <br>government taxes are due, and shall be subject to the same penalties and accrual of <br>interest in the event of nonpayment as in the case of such general taxes unless the bond <br>interest rate is greater, in which case, it shall apply. Effective: June 21, 1974 <br>History: Created 1974 Ky. Acts ch. 394, sec. 17, effective June 21, 1974.