KRS 99.565: Acquisition of property in order to receive federal funds.

The council of any community, whose agency has received certification of availability of

federal funds pursuant to section 101(c) of the National Housing Act of 1949, as amended

may authorize the agency to acquire, by eminent domain, purchase, gift, grant, devise or

otherwise, any real property in the development area or urban renewal area without regard

to the conditions, restrictions, or provisions set forth in KRS 99.370, or any other section

of this chapter; if it finds by resolution that it is desirabl e and feasible to obtain federal

financial assistance authorized by section 403 of the Housing Act of 1959 in acquiring

such real property, and to sell, grant and convey any such real property if by resolution the

agency consents to the disposal thereof.