2016 Kentucky Revised Statutes CHAPTER 154 - DEVELOPMENT Subchapter 50 - Industrial Development 154.50-310 Definitions for KRS 154.50-301 to 154.50-346.
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154.50-310 Definitions for KRS 154.50-301 to 154.50-346.
As used in KRS 154.50-301 to 154.50-346, unless the context otherwise requires:
(1) "Authority" means a local industrial development authority as established by KRS
154.50-301 to 154.50-346.
(2) "Industrial sites, parks and subdivisions" means land and improvements thereon,
including buildings, fixtures, and equipment, suitable for one (1) or more
manufacturers, industries, or commercial establishments.
(3) "Development of land" means the improvement and provision of facilities essential
to the use of land for manufacturing, industrial, and commercial purposes such as,
but not limited to, core drilling, grading, sewerage systems, water systems, access
roads, rail lines, electrical lines, layout planning, and the construction and equipping
of buildings.
(4) "Governmental units" means any city or the combination of any two (2) or more
cities, any county or combination of two (2) or more counties, or any city or cities
acting jointly with any county or counties.
(5) "Person" means any individual, firm, partnership, corporation, company,
association, joint stock association, or body politic, and includes any trustee,
receiver, assignee, or other similar representative thereof.
Effective: July 15, 1994
History: Amended 1994 Ky. Acts ch. 199, sec. 1, effective July 15, 1994. -- Created
1970 Ky. Acts ch. 114, sec. 3.
Formerly codified as KRS 152.810
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