KRS 154.21-015: Definitions for KRS 154.21-010 to 154.21-040.

As used in KRS 154.21-010 to 154.21-040:

(1) "Cabinet" means the Cabinet for Economic Development;

(2) "County population ranking" means the score of each county determined by the

cabinet under KRS 154.21-017;

(3) "Eligible grant recipient" means a grant a pplicant that is a local government or an

economic development authority in an economic development district in this

Commonwealth that is engaged in an eligible project;

(4) "Eligible project":

(a) Means an economic development project initiated on a property that meets the

availability requirements in KRS 154.21-035(3); and

(b) Requires local matching funds based on the county population ranking;

(5) "Eligible use":

(a) Means the authorized purpose for which an awarded grant may be used

depending on the source of funds from the Commonwealth; and

(b) May include expenditures in any of the following categories or some

combination thereof:

1. Due diligence study;

2. Property acquisition;

3. Infrastructure extension or improvement;

4. Site preparation work;

5. Building construction or renovation; or

6. Road improvement;

(6) "Heritage county" means a county where the county population ranking determined

by the cabinet under KRS 154.21 -017 scores greater than or equal to ninety -seven

(97);

(7) "Population density":

(a) Means the number of persons per square mile of a county;

(b) Is calculated by dividing the total county population by the square miles in the

county;

(c) Is determined by using the population estimate from the most recent available

five (5) year American Community Survey as published by the United States

Census Bureau; and

(d) Is used to rank each county in descending order, with the county having the

largest population density receiving a rank of one (1) and the county with the

smallest population density receiving a rank of one hundred twenty (120);

(8) "Regional project" means an eligible project that is proposed by eligible grant

recipients residing in different counties in this Commonwealth who submit a single

grant application as co-applicants; and

(9) "Ten (10) year percentage change in population":

(a) Means the percentage change in population within a county;

(b) Is determined by comparing the population estimate from the mos t recent

available five (5) year American Community Survey as published by the

United States Census Bureau to the same survey ten (10) years prior to the

most recent available survey; and

(c) Is used to rank each county in descending order, with the county having the

largest positive percentage change in population receiving a rank of one (1)

and the county with the largest negative percentage change receiving a rank of

one hundred twenty (120).