94.810 Creation -- Powers -- Fees -- Joint city-county motor vehicle parking authorities. - Kentucky Statutes

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94.810 Creation -- Powers -- Fees -- Joint city-county motor vehicle parking authorities. (1) Any city by ordinance may create motor vehicle parking authorities, or at any time, the legislative body of a city by ordinance and the fiscal court of the county
containing the city may enter into an agreement to form a joint city-county motor
vehicle parking authority. Such parking authorities shall have the power of
acquisition, creation and operation of public street and off-street parking facilities.
The fees charged need not be limited to the cost of operation and administration but
may be for revenue. (2) If a city, already having a motor vehicle parking authority in existence, enters into an agreement to form a joint parking authority with the county, the agreement shall
provide for the assumption of the debts and liabilities of the existing parking
authority by the joint parking authority and the transfer of any assets of the existing
parking authority, including real property and improvements, to the joint parking
authority. (3) The termination of an agreement between a city and county to form a joint parking authority will not result in the continued existence of a city motor vehicle parking
authority, unless specifically provided for in the agreement. Effective: June 17, 1978
History: Amended 1978 Ky. Acts ch. 303, sec. 1, effective June 17, 1978. -- Created 1976 Ky. Acts ch. 287, sec. 1. Legislative Research Commission Note (1982). A technical correction has been made in this section by the Reviser of Statutes pursuant to KRS 7.136.