103.245 Definition of "building" and "industrial building" -- Acquisition procedure. - Kentucky Statutes

Download pdf

Loading PDF...

103.245 Definition of "building" and "industrial building" -- Acquisition 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 industrial building as defined in KRS 103.200, which is
to be located in a blighted area as defined in KRS 99.010(1)(a), or any of these
things, to be rented or leased to a domestic or foreign corporation by the Kentucky
Economic Development Finance Authority, the city or the county by which it is
acquired. (2) An industrial building within the meaning of subsection (1) of this section may be acquired by a city or a county by purchase, gift, or condemnation. Whenever a city
or a county shall determine that land or other property, right of way, or easement
over or through any property is needed by such city or county, as the case may be, to
accomplish the purposes of KRS 103.210 to 103.285, inclusive, it may by ordinance
or resolution authorize the purchase or condemnation, in the name of such city or
county, of said land or other property, or right of way or easement necessary for
such purposes, and may proceed to condemn and acquire such property in the
manner set forth in the Eminent Domain Act of Kentucky. All property, rights of
way and easements already held by its owner or lessee for industrial development
shall be exempt from condemnation under this section. Effective: July 14, 1992
History: Amended 1992 Ky. Acts ch. 105, sec. 68, effective July 14, 1992. -- Amended 1980 Ky. Acts ch. 339, sec. 5, effective July 15, 1980. -- Amended 1976 Ky. Acts
ch. 140, sec. 54. -- Created 1964 Ky. Acts ch. 90, sec. 2.