KRS 99.030: Development plan -- What to include.

(1) A development plan shall contain:

(a) A metes and bounds or other legal description of the development area;

(b) A statement of the various stages, if more than one (1) is intended, by which

the development is proposed to be constructed or undertaken, and the time

limit for the completion of each stage, together with a metes and bounds

description of the real property to be included in each stage;

(c) A statement of the existing buildings or improvements in the development

area to be demolished immediately, if any;

(d) A statement of the ex isting buildings or improvements in the development

area not to be demolished immediately, if any, and the approximate period of

time during which the demolition, if any, of each such building or

improvement is to take place;

(e) A statement of the propose d improvements, if any, to each building not to be

demolished immediately, any proposed repairs or alterations to such building,

and the approximate period of time during which such improvements, repairs

or alterations are to be made;

(f) A statement of th e type, number and character of each new industrial,

commercial, residential or other building or improvement to be erected or

made;

(g) A statement of those portions, if any, of the development area which may be

permitted or will be required to be left as open space, the use to which each

such open space is to be put, the period of time each such open space will be

required to remain an open space and the manner in which it will be improved

and maintained, if at all;

(h) A statement of those portions, if a ny, of the development area which the

redevelopment corporation proposes to sell, donate, exchange or lease to, with

or from the city, and an outline of the terms of such proposed sale, donation,

exchange or lease;

(i) A statement of the proposed changes, if any, in zoning ordinances or maps,

necessary or desirable for the development and its protection against blighting

influences;

(j) A statement of the proposed changes, if any, in streets or street levels and any

proposed street closings;

(k) A statement of the character of the existing dwelling accommodations, if any,

in the development area, the approximate number of families residing therein,

together with a schedule of the rentals being paid by them, and a schedule of

the vacancies in such accommodati ons, together with the rental demanded

therefor;

(l) A statement of the character, approximate number of units, approximate

rentals and approximate date of availability of the proposed dwelling

accommodations, if any, to be furnished during construction an d upon

completion of the development;

(m) A statement of the proposed method of financing the development, in

sufficient detail to evidence the probability that the redevelopment corporation

will be able to finance or arrange to finance the development; and

(n) A statement of persons who it is proposed will be active in or associated with

the management of the redevelopment corporation during a period of at least

one (1) year from the date of the approval of the development plan.

(2) The development plan, and any application to the planning commission or

supervising agency for approval thereof, may contain in addition such other

statements or materials as may be deemed relevant by the proposer thereof,

including limits on the amounts w hich may be paid as compensation for services to

the officers and employees of the redevelopment corporation, suggestions for the

clearance, replanning, reconstruction or rehabilitation of one or more areas which

may be larger than the development area but which include it, and any other

provisions for the redevelopment of such area or areas.