A building constructed and leased to the Commonwealth under a built-to-suit lease agreement shall be constructed:
(a) In accordance with all applicable state and national safety, building, and construction code requirements; and

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Terms Used In Kentucky Statutes 56.8179

  • Building: includes any structure or improvement upon real estate of a permanent nature and additionally includes any sites, structures, equipment, machinery, or devices for the purpose of establishing, developing, or furthering television or related services in aid of education or in aid of any other proper public functions, whether or not the same would otherwise be legally defined as buildings. See Kentucky Statutes 56.440
  • 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
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

(b) To last, at a minimum, for a period of thirty (30) years.
Effective: July 14, 1992
History: Created 1992 Ky. Acts ch. 54, sec. 11, effective July 14, 1992.