KRS 65.7051: Establishment of development plan for a development area -- Public

hearing.

(1) Any city or county seeking to establish a development area shall adopt a

development plan. The development plan may be developed by a city, a county, or a

city and county jointly, or may be proposed by an agency or by a private entity. The

plan shall include the following:

(a) Assurances that the proposed development area meets the requirements of

KRS 65.7049(1) and (2), identification of the conditions in the proposed

development area that meet the criteria set forth in KRS 65.7049(3), and, if

applicable, confirmation that the requirements of KRS 65.7049(4) have been

met;

(b) A detailed description of the existing uses and conditions of real property in

the development area;

(c) A map showing the boundaries of the proposed development area, a legal

description of the development area, and geographic reference points;

(d) A map showing proposed improvements and uses therein, including the

identification of any proposed projects, along with a narrative description of

the proposed improvements, projects, and uses within the development area;

(e) A description of the redevelopment assistance proposed to be employed in the

development area, including the manner and location of such assistance;

(f) A detailed financial plan containing projections of the cost o f the proposed

redevelopment assistance to be provided, proposed projects to be funded,

proposed sources of funding for these costs, projected incremental revenues,

and the projected time frame during which financial obligations will be

incurred;

(g) Proposed changes of any zoning ordinance, comprehensive plan, master plan,

map, building code, or ordinance anticipated to be required to implement the

development plan; and

(h) If the city or county is a member of a planning unit, certification of review by

the planning commission for compliance with the comprehensive plan of the

planning unit pursuant to KRS Chapter 100 after any necessary changes

identified in paragraph (g) of this subsection are made.

(2) Prior to adoption of a development plan, the city or county shall hold a public

hearing to solicit input from the public regarding the plan. The city or county shall

advertise the hearing by causing to be published, in accordance with KRS 424.130,

notice of the time, place, and purpose of the hearing and a general description of the

boundaries of the proposed development area. The notice shall include a summary

of the redevelopment assistance proposed to be employed, identification of projects

proposed for the development area, and a statement that a copy of the development

plan is available for inspection at the business office of the city or county.

(3) Prior to publication of a hearing notice pursuant to subsection (2) of this section, a

copy of the development plan shall be filed with the city clerk of eac h city having

jurisdiction within the proposed development area, and with the county fiscal court.

(4) A city or county having jurisdiction within the proposed development area not

initially participating in a proposed development plan shall have the oppor tunity to

determine whether it will participate in the plan. The city or county shall determine

and notify the entity proposing the development plan in writing within thirty (30)

days after the public hearing whether it will participate in the plan.

(5) At the end of the time period established in subsection (4) of this section, the city or

county may adopt an ordinance establishing a development area in accordance with

KRS 65.7053.