171.027 Establishment of public library facilities construction fund -- Requirement that department report assistance awards to Interim Joint Committee on Appropriations and Revenue. - Kentucky Statutes

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Page 1 of 1 171.027 Establishment of public library facilities construction fund -- Requirement that department report assistance awards to Interim Joint Committee on
Appropriations and Revenue. There is established a public library facilities construction fund to assist local libraries
with debt service payments for new library facilities and library improvements. The
Department for Libraries and Archives is authorized to enter into long-term written
memoranda of agreement with local libraries or other governing bodies to assist in debt
service payments relating to library construction or renovation projects. The agreements
shall specify the rights, duties, and obligations of both the local public library, or other
governing body, and the department. The department shall promulgate administrative
regulations to establish the application process, criteria for selecting projects for
assistance, a minimum level of local participation, and the process to be followed in the
construction of facilities. The department shall report assistance awards to the Interim
Joint Committee on Appropriations and Revenue within thirty (30) days of execution of
any memorandum of agreement. Effective: July 14, 2000
History: Created 2000 Ky. Acts ch. 504, sec. 2, effective July 14, 2000.