KRS 165.150: Law school buildings for municipal university -- Erection of.

(1) Any city of the first class may, if the necessary ground is conveyed to the city

without cost and free of all liens and encumbrances, erect law school buildings,

with necessary appurtenances, for the purpose of supplying the municipal university

of the city with adequate buildings necessary to carry out its powers and duties. The

city shall proceed under the provisions of KRS 162.160 to 162.280. When so

applied, KRS 162.160 to 162.280 shall be so read that:

(a) "School building" means "law school building."

(b) "Board of education of the school district" means "board of trustees of the

municipal university."

(c) "KRS 162.150 to 162.280" means "KRS 165.150."

(d) "From the public works administration or other agency of the federal

government," in KRS 162.170, is replaced by "secured by a lien on the

revenues derived from the building."

(e) "Thirty (30) years," in KRS 162.180, means "fifty (50) years."

(f) "KRS 162.150," in KRS 162.160 and 162.170, means "KRS 165.150."

(g) "And to the Superintendent of Public In struction," in KRS 162.160, is

omitted.

(h) The period of the lease contemplated by KRS 162.160 shall not exceed a

maximum of fifty (50) years, and the insurance required in the lease shall at

least equal the value of the improvements.

(2) This section cre ates an additional and alternate method for the erecting of law

school buildings for municipal universities in cities of the first class, and does not

affect any other statute. No proceedings shall be required for the erection of any law

school building un der this section or the issuance of bonds therefor except those

prescribed by this section.