80.256 Validation of contracts and undertakings. - Kentucky Statutes

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80.256 Validation of contracts and undertakings. All contracts, agreements, obligations and undertakings of housing authorities heretofore
entered into relating to financing or aiding in the development, construction, maintenance
or operation of any housing or to obtaining aid therefor from the United States Housing
Authority and its successor agencies, including (without limiting the foregoing) loan and
annual contributions contracts and leases with the United States Housing Authority and
its successor agencies, agreements with cities, counties or other public bodies (including
agreements which are pledged or authorized to be pledged for the protection of the
holders of any notes or bonds issued by housing authorities or which are otherwise made
a part of the contract with such holders of notes or bonds) relating to cooperation and
contributions in aid of housing, payments (if any) in lieu of taxes, furnishing of municipal
services and facilities, and the elimination of unsafe and unsanitary dwellings, and
contracts for the construction of housing, together with all proceedings, acts and things
heretofore undertaken, performed or done with reference thereto, are hereby validated,
ratified, confirmed, approved and declared legal in all respects notwithstanding any defect
or irregularity therein or any want of statutory authority. Effective: July 13, 1984
History: Amended 1984 Ky. Acts ch. 361, sec. 15, effective July 13, 1984. -- Amended 1964 Ky. Acts ch. 146, sec. 3. -- Created 1942 Ky. Acts ch. 71, sec. 2.