262.906 Purchase of Agricultural Conservation Easement (PACE) Corporation --
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/ky/262-906A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Board of directors.
(1)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.
(4)Members shall not be compensated for their services but shall be reimbursed for
expenses incurred in the performance of their duties.