KRS 154.50-310: Definitions for KRS 154.50-301 to 154.50-346.

As used in KRS 154.50-301 to 154.50-346, unless the context otherwise requires:

(1) "Authority" means a local industrial development authority as established by KRS

154.50-301 to 154.50-346.

(2) "Industrial sites, parks and subdivisions" means land and imp rovements thereon,

including buildings, fixtures, and equipment, suitable for one (1) or more

manufacturers, industries, or commercial establishments.

(3) "Development of land" means the improvement and provision of facilities essential

to the use of land for manufacturing, industrial, and commercial purposes such as,

but not limited to, core drilling, grading, sewerage systems, water systems, access

roads, rail lines, electrical lines, layout planning, and the construction and equipping

of buildings.

(4) "Governmental units" means any city or the combination of any two (2) or more

cities, any county or combination of two (2) or more counties, or any city or cities

acting jointly with any county or counties.

(5) "Person" means any individual, firm, partnersh ip, corporation, company,

association, joint stock association, or body politic, and includes any trustee,

receiver, assignee, or other similar representative thereof.