KRS 96A.020: Creation of authority -- Which governmental units may form or join --

General powers and purposes.

(1) A transit authority may be created and established under the provisions of this

chapter by proceedings or joint proceedings, and the name thereof shall be "Transit

Authority of ....." If established by a city alone, or by a county alone, the name shall

be completed by identification of the city or county. If created and established by

joint proceedings, the name may be completed by inserting words g enerally

identifying the area intended to be served, in such manner as the public bodies may

determine by concert or agreement in their joint proceedings. Such transit authority

shall constitute an agency and instrumentality for accomplishing essential

governmental functions of the public body or public bodies creating and

establishing the same, and shall be a political subdivision and a public body

corporate, with power to contract and be contracted with, to sue and be sued, to

establish, alter and enforce rules and regulations in furtherance of the purposes of its

creation, to adopt, use and alter a corporate seal, and to have and exercise,

generally, all of the powers of private corporations, as enumerated in KRS 271B.3 -

020, except to the extent the same may be inconsistent with this chapter. An

authority shall be authorized to promote and develop mass transportation in its

transit area and adjoining areas, including acquisition, operation and extension of

existing mass transit systems; and an authority sh all have and may exercise such

powers as may be necessary or desirable to carry out such purposes.

(2) Subsequent to the creation and establishment of a transit authority, one (1) or more

additional public bodies may be permitted to join therein, in such m anner and

subject to such conditions as may be prescribed by the board of the authority with

the concurrence and approval of all public bodies which have theretofore

participated in the establishment or previous enlargement of the authority.