KRS 99.610: Legislative finding and policy.

It is hereby declared to be the policy of the Commonwealth to assist in the preservation

and revitalization of historically or economically significant local areas, including open

spaces, of cities of the first class, cities with populations equal to or gr eater than fifteen

thousand (15,000) based upon the most recent federal decennial census, consolidated

local governments, and urban -county governments, for the purpose of planning and

financing the preservation and revitalization of areas of said cities wh ich are of economic

or historical significance, while at the same time accommodating necessary and desirable

central city and suburban growth, to the extent funds are available for the

accomplishment of such purposes.