99A.020 Ordinance establishing neighborhood redevelopment zone.
375 words·~2 min read·
/ky/chapter-99a/99a-020A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Any local government may by ordinance establish one
(1)or more neighborhood
redevelopment zones. Such zones shall be substantially residential in character and
shall consist chiefly of residential buildings at least twenty-five
(25)years of age.
To be eligible for designation as a neighborhood redevelopment zone the area shall
be found by the legislative body to be characterized by:
(a)Deteriorating housing stock;
(b)Abandoned residential buildings or vacant lots where the dwelling has been
demolished by fire, vandalism or as an unsafe structure;
(c)Such other characteristics which cause the legislative body of the local
government to believe the neighborhood is in a deteriorating economic and
physical condition; or
(d)Such detrimental conditions that the effect is to discourage mortgagees from
making loans for, and present or prospective property owners from investing
in the purchase and rehabilitation of residential buildings.
(2)The legislative body of the local government may establish a neighborhood
redevelopment zone in accordance with subsection
(1)of this section either on its
own initiative or upon a petition filed with the clerk of the legislative body, signed
by the owners or lessees of seventy-five percent (75%) of the assessed value of the
property located within the proposed zone.
(3)No zone shall be established by a local government unless certified by the executive
director as qualifying pursuant to this chapter.
(4)Prior to the first reading of an ordinance proposing to establish a neighborhood
redevelopment zone, the legislative body shall give notice by mail to the last known
owner of all real property within the proposed redevelopment zone and hold a
public hearing on the question of establishment of the zone. The notice shall
contain a description of the boundaries of the proposed zone and shall set out a date
for a public hearing on the establishment of the zone at which any of the owners,
their lessees or any other resident or taxpayer of the local government may appear.
(5)Once established, a neighborhood redevelopment zone may be dissolved only by
ordinance, but in no event sooner than ten
(10)years from its establishment.
(6)Upon the effective date of the ordinance establishing the zone all residential
property located therein shall be subject to the provisions of this chapter.