262.791 District discontinued, when -- Hearing referendum. (1) Ten (10) years subsequent to the organization of a watershed conservancy district a majority of the landowners within the district may file a petition with the board of supervisors praying that the existence of the district be discontinued. The petition shall state the reason for discontinuance and that all obligations of the district have been met; (2) After giving due notice as defined in KRS 262.010 (4), the board of supervisors shall conduct a hearing on the petition for the purpose of determining whether the reasons given for discontinuance are valid and that all obligations have been met. Obligations shall include written agreements and contracts officially entered into by the district and any duty imposed upon the district by law; (3) If evidence presented during the hearing, as determined by the board of supervisors, reveals that all obligations have not been met, the petition for discontinuance shall be denied. If it is determined that all obligations have been met, the supervisor shall, within sixty (60) days, hold a referendum as provided in KRS 262.750. History: Created 1964 Ky. Acts ch. 117, sec. 6.