2013 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.
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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
niversity research park;
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,
r civilian employees; or
iv. The project is a mixed-use development which includes
either or both significant public storm water and sanitary
sewer facilities designed to comply with a
community-wide court decree mandating corrective action
by the local government or an agency thereof; 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 25, 2013
History: Amended 2013 Ky. Acts ch. 99, sec. 1, effective June 25, 2013. -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.
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