2016 Kentucky Revised Statutes
CHAPTER 154 - DEVELOPMENT
Subchapter 50 - Industrial Development
154.50-323 Limitations on condemnation powers.

Download as PDF 154.50-323 Limitations on condemnation powers. Notwithstanding any other provision or section of KRS 154.50-301 to 154.50-346, no governmental unit shall have the power to condemn property under KRS 154.50-301 to 154.50-346 unless the governmental unit has first given proper public notice as required by law stating the specific purpose for which the property to be condemned shall be used and said purposes shall be pleaded and proved in such condemnation action. The property shall be developed within a period of five (5) years pursuant to the purpose stated, and the failure of the authority to so develop shall entitle the person or persons whose property was condemned to repurchase the property at the price the authority paid to the governmental unit for the same. The person from whom the land is taken by condemnation shall have the right to reacquire the land as aforementioned by application to the court of competent jurisdiction, if such procedure be necessary, and shall be entitled to recovery of his costs and reasonable attorney's fees necessary to reacquire said land. History: Created 1970 Ky. Acts ch. 114, sec. 13. Formerly codified as KRS 152.850