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Code · Kentucky · Chapter 58 — Acquisition and development of public projects through revenue bonds

58.010 Definitions.

310 words·~1 min read·/ky/chapter-58/58-010

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

As used in KRS 58.010 to 58.140, unless the context requires otherwise:
(1)"Public project" means any lands, buildings, or structures, works or facilities
suitable for and intended for use as public property for public purposes or suitable
for and intended for use in the promotion of the public health, public welfare or the
conservation of natural resources, including medical office buildings contiguous to
hospital facilities, and shall also include the planning of any such lands, buildings,
structures, works or facilities; or
(b)suitable for and intended for use for the
purpose of creating or increasing the public recreational, cultural and related
business facilities of a community, including such structures as concert halls,
museums, stadiums, theaters and other public facilities, together with related and
appurtenant parking garages, offices and office buildings for rental in whole or in
part to private tenants, dwelling units and apartment buildings for rental in whole or
in part to private tenants, commercial and retail businesses, stores or other
establishments, and any structure or structures or combination of the foregoing, or
other structures having as their primary purpose the creation, improvement,
revitalization, renewal or modernization of a central business or shopping
community, and shall also include existing lands, buildings, structures, works and
facilities, as well as improvements or additions to any such lands, buildings,
structures, works or facilities.
(2)"Public project" as defined herein shall include projects intended for use as public
property for public purposes by another governmental agency, including the United
States government, other than the governmental agency acquiring the land or
constructing the building, structure or facility.
(3)"Governmental agency" means the Commonwealth of Kentucky as such acting by
or through any department, instrumentality or agency thereof, or any county, city,
agency, or instrumentality, including a regional wastewater commission established
under KRS 65.8901 to 65.8923, or other political subdivision of the
Commonwealth.
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