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91A.210 Definitions for KRS 91A.200 to 91A.290.

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91A.210 Definitions for KRS 91A.200 to 91A.290. As used in KRS 91A.200 to 91A.290, unless the context otherwise requires: <br>(1) &quot;Improvement&quot; means construction of any facility for public use or services or any addition thereto, which is of special benefit to specific properties in the area served <br>by such facility; (2) &quot;Property&quot; means any real property benefited by an improvement; <br>(3) &quot;Special assessment&quot; or &quot;assessment&quot; means a special charge fixed on property to finance an improvement in whole or in part; (4) &quot;Fair basis&quot; means assessed value basis, front foot basis, square foot basis or benefits received basis; (5) &quot;Assessed value basis&quot; means the apportionment of cost of an improvement according to the ratio the assessed value of individual parcels of property bears to <br>the total assessed value of all such properties; (6) &quot;Front foot basis&quot; means the apportionment of cost of an improvement according to the ratio the front footage on the improvement of individual parcels of property <br>bears to such front footage of all such properties; (7) &quot;Square foot basis&quot; means the apportionment of cost of an improvement according to the ratio the square footage of individual parcels of property bears to the square <br>footage of all such property; (8) &quot;Benefits received basis&quot; means the apportionment of cost of an improvement according to equitable determination by the city legislative body of the special <br>benefit received by property from the improvement, including assessed value basis, <br>front foot basis, and square foot basis, or any combination thereof, and may include <br>consideration of assessed value of land only, graduation for different classes of <br>property based on nature and extent of special benefits received, and other factors <br>affecting benefits received; and (9) &quot;Cost&quot; means all costs related to an improvement, including planning, design, property or easement acquisition and construction costs, fiscal and legal fees, <br>financing costs, and publication expenses. History: Created 1980 Ky. Acts ch. 234, sec. 2, effective July 15, 1980.