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262.906 Purchase of Agricultural Conservation Easement (PACE) Corporation
-- Board of directors.
(1)
(2)
(3)
(4)
There is hereby created the Purchase of Agricultural Conservation Easement
Corporation which shall oversee all issues involving purchases of agricultural
conservation easements. The corporation shall be a de jure municipal
corporation and political subdivision of the Commonwealth. The corporation
shall be a public agency within the meaning of KRS 61.805 and 61.870 and
shall be attached for administrative purposes to the Department of Agriculture.
(a) The corporation shall be governed by a board of directors, consisting of
the following eleven (11) members: four (4) public directors who shall be
the Commissioner of the Department of Agriculture, the secretary of the
Energy and Environment Cabinet, the dean of the University of Kentucky
College of Agriculture, and the chair of the Soil and Water Conservation
Commission, or their designees; and seven (7) private directors who shall
be appointed by the Governor, as follows:
1.
One (1) private director from each of the six (6) congressional
districts; and
2.
One (1) private director from a list of three (3) persons suggested by
the Kentucky Farm Bureau Federation, Inc.
(b) Initial appointment of the private directors by the Governor shall be for
staggered terms.
(c) No more than four (4) of the private directors shall be from the same
political party. Members shall serve a term of four (4) years, with the
exception of the initial members, and may be reappointed. Vacancies
shall be filled in the same manner as the appointment is made.
(a) Any member who has an ownership interest in any of the lands eligible
for the purchase of an agricultural conservation easement or other
property interest and who wishes to apply to sell an easement while
serving on the board of directors shall withdraw himself from all board
activities prior to application and until the transaction is complete. The
Governor shall appoint an interim member to fill the vacancy until the
transaction is complete.
(b) Any person who has previously applied for or sold an agricultural
conservation easement may serve on the board.
Members shall not be compensated for their services but shall be reimbursed
for expenses incurred in the performance of their duties.
Effective:July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 604, effective July 15, 2010. -Created 1994 Ky. Acts ch. 390, sec. 22, effective July 15, 1994.
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