Title IX, Counties, Cities, and Other Local Units

(1) As an alternative to the procedures set forth in KRS 103.200 to 103.285, inclusive, any city or county, for the purpose of financing the acquisition of an industrial building, may issue negotiable bonds pursuant to KRS 103.200 to 103.285 under one (1) of the following methods…

(1) The bonds may be issued to bear interest at any rate or rates, either fixed or variable, in accordance with such method as shall be set by the governing body of the issuer, payable either annually or at shorter intervals, may be of such terms and maturities, may bear such con…

revenue. (1) Notwithstanding the form or tenor, and in the absence of an express recital on the face thereof that the bond is nonnegotiable, all bonds issued pursuant to KRS 103.200 to 103.285 shall at all times be and shall be treated as, and have all the qualities and incidents…

All money received from the sale of the bonds shall be applied solely for: (1) The acquisition of the industrial building and: (a) Any utilities; (b) Pollution control structures or equipment; (c) Equipment or technologies employed to increase the energy efficiency of manufacturi…

procedure. (1) For purposes of the exercise of the power of eminent domain, "building" or "industrial building" shall be deemed to include only the following: coal conversion facilities, hospitals, primary medical centers, health care clinics, convention centers, or any industria…

Nothing in KRS 103.200 or 103.210 confers nor shall be deemed to confer the power of eminent domain except as provided by KRS 103.245.

companies by cities and counties. (1) (a) The term "pollution control facilities" means any land, building, structure, machinery, equipment, device, system or facility functionally related thereto designed for the control, containment, reduction, prevention or abatement of atmosp…

(1) A statutory mortgage lien shall exist upon the industrial building so acquired in favor of the holders of the bonds and coupons. The industrial building so acquired shall remain subject to the statutory mortgage lien until the payment in full of the principal of the bonds, an…

Notwithstanding the provisions of KRS 103.250, it may be provided in the proceedings authorizing bonds issued under the terms of KRS 103.200 to 103.285, inclusive, that the issuer, in connection with the issuance of its bonds, execute a mortgage deed of trust in favor of the trus…

(1) At or before the issuance of bonds the city legislative body or the fiscal court of the county, as the case may be, shall, by ordinance or resolution, set aside and pledge the income and revenue of the industrial building into a separate and special fund to be used and applie…

(1) If a surplus is accumulated in the operating and maintenance funds equal to the cost of maintaining and operating the industrial building during the remainder of the calendar, operating or fiscal year, and during the succeeding like year, any excess over such amount may be tr…

outstanding bonds, whether or not city or county was original issuer of bonds. (1) If the city legislative body, or the fiscal court of the county, as the case may be, finds that the bonds authorized will be insufficient to accomplish the purpose desired, additional bonds may be …

energy efficiency projects through guaranteed energy savings contracts. (1) As used in this section: (a) "Energy service company" means an entity in the business of providing evaluation, design, implementation, installation, measurement and verification, and other related service…

All properties, both real and personal, which a city or county may acquire to be rented or leased to an industrial concern according to KRS 103.200 to 103.280, shall be exempt from taxation to the same extent as other public property used for public purposes, as long as the prope…

(1) The Kentucky Private Activity Bond Allocation Committee is established. The purpose of the committee shall be to ensure compliance by the Commonwealth, its political subdivisions, and other authorized issuers within the Commonwealth of Kentucky, of private activity bonds, as …