KRS 97.670: Form of the memorial -- Title to property -- Tax exemption.

The memorial shall commemorate the valorous and patriotic deeds and service of the

soldiers and sailors, of the city and county in which the commission acts, who were

engaged in the Army and Navy of the United States during the World War of 1914 to

1918, t he World War of 1941 to 1945, the Korean and Vietnam conflicts, and other

international armed conflicts in which the United States participated. The memorial shall

be permanent in character, and shall take the form of a building or buildings, with halls

and auditoriums ample for both large and small assemblages, conventions, theatrical,

musical and other entertainments, and with suitable offices, rooms, and equipment to

properly maintain and operate the building or buildings, and appropriate statuary and

works of memorial art, and all grounds necessary or appropriate for such purposes, all of

which shall be embraced by the term "memorial." The commission may maintain in the

memorial such flags, insignia, mementos, records, and archives of the war, or of historical

significance in connection therewith, as may fittingly exemplify or illustrate the patriotic

services rendered the United States in the war by the soldiers and sailors, as well as by the

citizens and residents of the city and county who were not eng aged in the military or

naval service of the United States during the war. The title to the memorial and all

property acquired by the commission shall be vested in the commission and shall be held

in trust for the city for the purposes contemplated in KRS 97.630 to 97.780, free from all

taxation or assessments.