2011 Kentucky Revised Statutes CHAPTER 65 GENERAL PROVISIONS APPLICABLE TO COUNTIES, CITIES, AND OTHER LOCAL UNITS 65.7043 Purposes of KRS 65.7041 to 65.7083.
KY Rev Stat § 65.7043 (1996 through Reg Sess) What's This?
65.7043 Purposes of KRS 65.7041 to 65.7083.
The purposes of KRS 65.7041 to 65.7083 are as follows:
(1) KRS 65.7047 provides authority for cities and counties to establish local
development areas for the development of previously undeveloped land within their
jurisdictional boundaries and to devote local resources to support the development
of projects in those local development areas. Local development areas established
under KRS 65.7047 and projects within local development areas shall not be
eligible for participation by the Commonwealth; and
(2) (a) KRS 65.7049, 65.7051, and 65.7053 provide a framework for cities and
counties:
1.
To establish development areas for:
a.
The redevelopment of previously developed land within their
jurisdictional boundaries; and
b.
The development of previously undeveloped land, if:
i.
The project proposed for the development area includes an
arena as part of the proposed development;
ii. The project is a mixed-use development located in a
university research park; or
iii. The project is a mixed-use development located within
three (3) miles of a military base that houses, deploys, or
employs any combination of at least twenty-five thousand
(25,000) military personnel, their families, military retirees,
or civilian employees; and
2.
To devote local resources to providing redevelopment assistance and
supporting projects in those development areas.
(b) Projects within development areas established pursuant to KRS 65.7049,
65.7051, and 65.7053 shall be eligible for participation by the Commonwealth
if such projects meet the requirements for Commonwealth participation
established by Subchapter 30 of KRS Chapter 154.
Effective: June 8, 2011
History: Amended 2011 Ky. Acts ch. 62, sec. 1, effective June 8, 2011. -- Amended
2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 56, effective June 26, 2009. -- Amended
2008 Ky. Acts ch. 178, sec. 1, effective July 15, 2008. -- Created 2007 Ky. Acts
ch. 95, sec. 2, effective March 23, 2007.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
