KRS 80.270: Public body may aid housing authority -- Declaration of policy.

It is hereby declared that there exist in Kentucky unsafe and unsanitary housing

conditions and a shortage of safe and sanitary dwelling accommodations for persons of

low income; that these conditions necessitate excessive and disproportionate expenditures

of public funds for crime prevention and punishment, public health and safety, fire and

accident protection, and other public services and facilities; and that the public interest

requires the remedying of these conditions. It is further declared that the assistance

provided in KRS 80.280 to 80.300 for the remedying of such conditions constitutes a

public use and purpose and an essential governmental function for which public money

may be spent and other aid given; that it is a proper public purpose for an y public body to

aid any housing authority located or operating within its boundaries or jurisdiction, as the

public body derives immediate benefits and advantages from such a housing authority or

developments; and that the provisions of KRS 80.280 to 80.3 00 are necessary in the

public interest.