Kentucky Statutes 94.835 – Rental or lease of property
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The parking authority may rent or lease to any individual, firm or corporation any portion of the premises established as an off-street parking facility for service concessions, commercial uses or otherwise, after first advertising for bids therefor by publication not less than once a week for two (2) consecutive weeks in a newspaper of general circulation in the city making two (2) publications in all.
History: Created 1976 Ky. Acts ch. 287, sec. 5.
Legislative Research Commission Note (1982). A technical correction has been made in this section by the Reviser of Statutes pursuant to KRS § 7.136.
History: Created 1976 Ky. Acts ch. 287, sec. 5.
Terms Used In Kentucky Statutes 94.835
- City: includes town. See Kentucky Statutes 446.010
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Legislative Research Commission Note (1982). A technical correction has been made in this section by the Reviser of Statutes pursuant to KRS § 7.136.