KRS 99.540: Urban renewal plan.

Any urban renewal project undertaken pursuant to the preceding section shall be

undertaken in accordance with an urban renewal plan for the area of the project. As used

in KRS 99.520 to 99.590, an "urban renewal plan" means a plan, as it exists from time t o

time, for an urban renewal project, which plan (1) shall conform to the general or master

plan for the community as a whole, except as provided for disaster areas; and (2) shall be

sufficiently complete to indicate such land acquisition, demolition and r emoval of

structures, redevelopment, improvements, and rehabilitation as may be proposed to be

carried out in the area of the urban renewal project, zoning and planning changes, if any,

land uses, maximum densities, building requirements, and the plan's re lationship to

definite local objectives respecting appropriate land uses, improved traffic, public

transportation, public utilities, recreational and community facilities, and other public

improvements. An urban renewal plan shall be prepared and approved pursuant to the

same procedure as provided in KRS 99.330 to 99.510 with respect to a development plan.

Where real property acquired by an agency is to be transferred in accordance with the

urban renewal plan, any contract for such transfer and the urban re newal plan, or such

part or parts of such contract or plan as the agency may determine, may be recorded in the

land records of the community in such manner as to afford actual or constructive notice

thereof.