Kentucky Statutes 56.470 – Acquisition of real estate by state agency
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No state agency shall acquire any real property without first meeting the approval of the cabinet. The cabinet may approve, modify, or disapprove the proposed acquisition of real estate, and the finding of the cabinet shall be final, except in cases where the issuance and sale of bonds is proposed, in which cases the cabinet shall submit its findings to the commission for approval, modification or disapproval. If a proposed acquisition of real property is approved as provided in this section, either in whole or in part, the cabinet shall make the acquisition. Acquisition shall be made in accordance with KRS § 45A.045.
Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 496, sec. 33, effective July 13, 1990. — Amended
1966 Ky. Acts ch. 111, sec. 3. — Amended 1956 (1st Extra. Sess.) Ky. Acts ch. 7, Art. XVI, sec. 5. — Created 1949 (1st Extra. Sess.) Ky. Acts ch. 11. sec. 4.
Effective: July 13, 1990
Terms Used In Kentucky Statutes 56.470
- Cabinet: means the Finance and Administration Cabinet. See Kentucky Statutes 56.440
- Commission: means the State Property and Buildings Commission. See Kentucky Statutes 56.440
- Meeting: means all gatherings of every kind, including video teleconferences. See Kentucky Statutes 56.440
- Real estate: includes lands together with improvements thereon and appurtenances thereto. See Kentucky Statutes 56.440
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State agency: means any state administrative body, agency, department, or division as defined in KRS §. See Kentucky Statutes 56.440
History: Amended 1990 Ky. Acts ch. 496, sec. 33, effective July 13, 1990. — Amended
1966 Ky. Acts ch. 111, sec. 3. — Amended 1956 (1st Extra. Sess.) Ky. Acts ch. 7, Art. XVI, sec. 5. — Created 1949 (1st Extra. Sess.) Ky. Acts ch. 11. sec. 4.