2006 Kentucky Revised Statutes - .010   Definitions for KRS 154.85-001 to 154.85-085.

154.85-010 Definitions for KRS 154.85-001 to 154.85-085. As used in KRS 154.85-001 to 154.85-085, unless the context otherwise requires: (1)  "Area" or "region" means the geographical area represented by the West Kentucky Corporation, including all the following counties: Allen, Ballard, Barren, Breckinridge, Butler, Caldwell, Calloway, Carlisle, Christian, Crittenden, Daviess, Edmonson, Fulton, Green, Graves, Grayson, Hancock, Hardin, Hart, Henderson, Hickman, Hopkins, Larue, Livingston, Logan, Lyon, Marion, Marshall, McCracken, McLean, Meade, Metcalfe, Monroe, Muhlenberg, Nelson, Ohio, Simpson, Spencer, Taylor, Todd, Trigg, Union, Warren, Washington, Webster; (2)  "Board" means the board of directors of the corporation; (3)  "Bonds" or "notes" means revenue bonds, commercial paper revenue bonds, refunding revenue bonds, variable rate revenue bonds, bond anticipation notes, or other obligations issued by the corporation under the authority of KRS 154.85-035 and 154.85-045; (4)  "Committee" means the executive committee of the board of directors of the corporation, possessing all powers, duties, and responsibilities as provided in KRS 154.85-035 and 154.85-040, and as may be otherwise provided by the board; (5)  "Commonwealth" means the Commonwealth of Kentucky; (6)  "Corporation" means the West Kentucky Corporation; (7)  "Executive officer" or "president" means the chief administrator of the corporation having responsibility for its day-to-day operations, and possessing all duties, responsibilities, and authorities as specified by the board or executive committee; (8)  "Fund" means the West Kentucky economic development fund as provided by KRS 154.85-050; (9)  "Local governing body" means the fiscal court of any county within the area or the legislative body of any city represented on the board of the corporation; and (10) "Project" means any economic or job development activity or program or facility or undertaking located within the area which is planned, developed, implemented, operated, financed, or otherwise assisted by the corporation pursuant to KRS 154.85-001 to 154.85-085. Effective: July 15, 2002 History: Amended 2002 Ky. Acts ch. 81, sec. 1, effective July 15, 2002. -- Amended 2000 Ky. Acts ch. 465, sec. 2, effective April 21, 2000. -- Created 1992 Ky. Acts ch. 177, sec. 1, effective July 14, 1992.