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441.605 Definitions.
As used in KRS 441.610 to 441.695, unless the context requires otherwise:
(1) "Agreement" means a written contract between the authority and any person,
firm, corporation, local government, or public entity providing for the
construction, reconstruction, improvement or repair and financing of one (1) or
more projects of the authority;
(2) "Authority" means the Kentucky Local Correctional Facilities Construction
Authority, a body corporate and politic, and an agency and instrumentality of
the Commonwealth of Kentucky created by KRS 441.615;
(3) "Bonds" mean revenue bonds, notes or other obligations issued under the
provisions of KRS 441.625;
(4) "Cost" means the expenditures for construction, acquisition, financing charges,
interest prior to and during construction, principal and interest on any bonds or
notes or obligations issued by the authority, engineering and legal expenses,
plans, specifications, cost and revenue estimates, other expenses necessary
or incidental to determining the feasibility or practicability of constructing any
project, administrative expenses, and such other expenses necessary or
incident to the construction of and placing into operation a project, the financing
of such construction and the acquisition of the project;
(5) "Lease" means a written lease executed by the authority as lessor and any
local government as lessee;
(6) "Project" means any undertaking to construct, reconstruct, improve, or repair
any jail or appurtenant facilities thereof for any county or urban-county
government, together with all property, rights, easements and interests which
may be acquired by the authority for the construction, reconstruction or repair
of any jail or appurtenant facilities; or any undertaking by the authority to
finance or refinance, under the provisions of KRS 441.625, the cost of
construction or reconstruction of any jail of any county or urban-county
government completed and approved by the legislative body thereof since
January 1, 1982, provided that such construction or reconstruction is in
compliance, at the time such financing or refinancing is approved, with
specifications, standards and requirements which are established by the
authority to be made applicable to any undertaking by the authority pursuant to
KRS 441.625 to 441.695 on or after July 15, 1983;
(7) "Jail" means any county jail and correctional or detention facilities, including
correctional facilities defined in KRS 67B.020 and juvenile detention facilities,
operated by and under the supervision of any county or urban-county
government;
(8) "Local government" means any county or urban-county government.
Effective:July 15, 1982
History: Created 1982 Ky. Acts ch. 235, sec. 1, effective July 15, 1982.
2012-2014 Budget Reference. See State/Executive Branch Budget, 2012 Ky. Acts
ch. 144, Pt. I, H, 5, c, (2) at 1130.
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