201.160 Appropriations for purchase of property -- Right to alienate property.

231 words·~1 min read·/ky/chapter-201/201-160

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)In order to provide money for the purchase of property and the construction and

equipment of buildings for the home, the fiscal court of the county may make an

annual appropriation from the general fund of the county, and the legislative body

of the city of the first class may make an annual appropriation from the general fund

of the city. The appropriations, when in the judgment of the fiscal court and the

legislative body of the city reasonably necessary for such purposes, shall be made by

the county and the city in such amounts, in such proportion and upon such terms as

the fiscal court and the legislative body may agree and provide. Moneys so

appropriated may be paid over to the board in regular monthly installments.

(2)Whenever the board is able to raise sufficient funds for carrying out the purposes of

this chapter by the use, lease, sale, exchange, mortgage or pledge of property which

has been conveyed to the board, the appropriations mentioned in subsection

(1)of

this section shall not be made. The action of the board in making such sale,

exchange, mortgage or pledge, must be approved by the county judge/executive and

the mayor of such city.

(3)The appropriations made under this section shall not be expended by the board for

any purpose other than that provided in subsection

(1)of this section.