99.830 Plan for demolition of building -- Required evidence -- Salvage of reusable
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/ky/99-830A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
materials -- Full accounting -- Petition to terminate conservatorship through
sale.
(1)If no feasible final plan can be developed for rehabilitation of the building in order
to bring it into compliance with all applicable housing, building, and nuisance code
requirements at a reasonable cost in relation to the present value of the building
without consideration of the value of the land on which the building is located, the
conservator may submit a plan for demolition and removal of the building and all
debris from the property to the court and all parties in interest.
(2)The present value of the building in relation to the estimate for costs of
rehabilitation of the building in order to bring it into compliance with all applicable
housing, building, and nuisance code requirements may be established by evidence
of three
(3)affidavits prepared by real estate appraisers, qualified building
contractors, or qualified building inspectors.
(3)A plan for demolition shall require a reasonable effort to be made to salvage
reusable materials for credit against the cost of demolition. The proceeds of any
moneys received from the sale of salvaged materials shall be used or applied against
the cost of demolition and removal of the building and all debris from the property.
Proper records shall be kept showing application of sales proceeds. Any sale of
salvaged materials may be made without the necessity of public advertisement.
(4)Any party in interest shall be allowed to comment on or request a hearing on a plan
for demolition within thirty
(30)days of receipt of the plan for demolition by
certified or registered mail.
(5)Upon demolition and removal of the building and all debris from the property, the
conservator shall submit to the court and all parties in interest a full accounting of
all actions taken, all income and expenditures received or incurred, and an estimate
of the conservator's fee.
(6)The conservator may then petition the court for authorization to terminate the
conservatorship through either a public or private sale.