(1) A public body shall have power to aid an agency within its area of operation and such aid may be authorized by a resolution or ordinance of the legislative body of such public body adopted by a majority of its members present at a meeting of such legislative body. A public body may aid an agency in the following manner and upon such terms, with or without consideration, as it may determine:
(a) Dedicate, sell, convey or lease any of its interest in any property, or grant easements, licenses or any other rights or privileges therein to an agency;

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Terms Used In Kentucky Statutes 99.410

  • Appraisal: A determination of property value.
  • 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

(b) Cause parks, playgrounds, recreational, community, educational, water, sewer or drainage facilities, or any other works which it is otherwise empowered to undertake, to be furnished in connection with a redevelopment project;
(c) Furnish, dedicate, close, pave, install, grade, regrade, plan or replan public streets or ways or other public places which it is otherwise empowered to undertake;
(d) Plan or replan, zone or rezone any part of the public body; make exceptions from building regulations and ordinances; and any city may also change its boundaries;
(e) Cause services to be furnished to the agency of the character which the public body is otherwise empowered to furnish;
(f) Enter into agreements with respect to the exercise by such public body of its powers relating to the repair, closing or demolition of unsafe, unsanitary or unfit dwellings;
(g) Incur the entire expense of any public improvements made by such public body in exercising the powers granted in this section; and
(h) Do any and all things necessary or convenient to aid and cooperate in the redevelopment of a development area.
(2) Any sale, conveyance, lease or agreement provided for in this section may be made by a public body without appraisal, public notice, advertisement or public bidding.
Effective: March 25, 1950
History: Created 1950 Ky. Acts ch. 119, sec. 10.