KRS 99.330: Legislative finding and policy.

(1) It is hereby found and declared:

(a) That there exist in many communities in this Commonwealth slum areas and

blighted areas (as defined by KRS 99.340) which constitute a serious and

growing menace, are injurious and inimical to the public health, safety, and

welfare of the people of the Comm onwealth, and are beyond remedy and

control solely by regulatory process in the exercise of the police power;

(b) That such areas contribute substantially and increasingly to the spread of

disease and crime and necessitate excessive and disproportionate ex penditures

for the preservation of the public health and safety, for crime prevention,

correction, prosecution, and punishment, and the treatment of juvenile

delinquency, and for the maintenance of adequate police, fire, and accident

protection and other public services and facilities;

(c) That this menace cannot be effectively dealt with by private enterprise without

the aids in KRS 99.330 to 99.510; and

(d) That the benefits which would result from eliminating slum conditions and

conditions of blight will accrue to the inhabitants of the communities in which

these conditions exist and to the inhabitants of this Commonwealth generally.

(2) It is hereby declared:

(a) That it is the policy of this Commonwealth to protect and promote the health,

safety, and welfare of the people of the Commonwealth and particularly of the

communities in which slum areas and blighted areas exist by the elimination

of slum conditions and conditions of blight;

(b) That the elimination of such conditions and the preparation of the land in such

areas for sale or lease for development or redevelopment constitute a public

use and purpose for which public money may be expended and private

property acquired and are governmental functions in the interest of the health,

safety, and welfare of the people of the Commonwealth; and

(c) That the necessity in the public interest for the provisions enacted in KRS

99.340 to 99.510 is hereby declared to be a legislative determination.