2006 Kentucky Revised Statutes - .620   Creation of development authority.

99.620 Creation of development authority. There is hereby authorized, created, and established in cities of the first and second class, consolidated local governments, and counties governed under the urban-county government statutes, upon adoption of a resolution so declaring by a majority of the governing board of said cities, consolidated local governments, or counties, an agency to be known by the name of the city, the consolidated local government, or in the case of an urban-county government, the largest city in such county and the name of the county itself, separated by the word "and," and the words "Development Authority." Said agency shall exist for each such city, consolidated local government, or county with the powers, duties, and functions hereinafter provided. Effective: July 15, 2002 History: Amended 2002 Ky. Acts ch. 346, sec. 125, effective July 15, 2002. -- Created 1974 Ky. Acts ch. 131, sec. 3.