148.569 Revenues derived by authority -- Permitted uses. - Kentucky Statutes

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Page 1 of 1 148.569 Revenues derived by authority -- Permitted uses. All revenues derived by the authority from the use of the center and from contributions to
the center from other sources, and any additional revenues derived by the authority from
any other source, shall be used solely for the expenses of the center, including payment on
debt; the cost of management and operation of its facilities; the creation of an adequate
reserve for repair, replacement, debt service, and capital improvements; the procurement
of insurance; and promotional activities. Effective: July 14, 2000
History: Created 2000 Ky. Acts ch. 22, sec. 7, effective July 14, 2000.