164A.595 Carrying out of capital construction projects. - Kentucky Statutes

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164A.595 Carrying out of capital construction projects. Capital construction projects shall be carried out as follows:
(1) Subject to the provisions of KRS 45.750 through 45.800 and 45A.180, the governing boards of the institutions may acquire, erect, construct, reconstruct,
improve, rehabilitate, remodel, repair, complete, extend, enlarge, equip, furnish, and
operate any buildings, structures, improvements, or facilities, including any utilities,
other related services and appurtenances and land required as the respective
governing boards shall deem necessary for carrying on the educational, research or
public service programs or discharging the statutory responsibilities of the
universities and colleges and various divisions under the jurisdiction of the boards,
or for the management, operation, or servicing of the universities and colleges. (2) The governing boards may acquire real or personal property, by purchase, lease, sublease, condemnation, trade or exchange, gift, devise, or otherwise, and improve
such property whenever in the judgment of the governing board it shall be
necessary. The title to any real estate acquired under this section shall vest in the
Commonwealth for the use and benefit of the appropriate institution. Effective: June 24, 2003
History: Amended 2003 Ky. Acts ch. 98, sec. 19, effective June 24, 2003. -- Created 1982 Ky. Acts ch. 391, sec. 11, effective July 15, 1982.