KRS 99.830: Plan for demolition of building -- Required evidence -- Salvage of reusable

materials -- Full accounting -- Petition to terminate conservatorship through

sale.

(1) If no feasible final plan can be developed for rehabilitation of the buildi ng in order

to bring it into compliance with all applicable housing, building, and nuisance code

requirements at a reasonable cost in relation to the present value of the building

without consideration of the value of the land on which the building is loca ted, the

conservator may submit a plan for demolition and removal of the building and all

debris from the property to the court and all parties in interest.

(2) The present value of the building in relation to the estimate for costs of

rehabilitation of the building in order to bring it into compliance with all applicable

housing, building, and nuisance code requirements may be established by evidence

of three (3) affidavits prepared by real property appraisers, qualified building

contractors, or qualified building inspectors.

(3) A plan for demolition shall require a reasonable effort to be made to salvage

reusable materials for credit against the cost of demolition. The proceeds of any

moneys received from the sale of salvaged materials shall be used or ap plied

against the cost of demolition and removal of the building and all debris from the

property. Proper records shall be kept showing application of sales proceeds. Any

sale of salvaged materials may be made without the necessity of public

advertisement.

(4) Any party in interest shall be allowed to comment on or request a hearing on a plan

for demolition within thirty (30) days of receipt of the plan for demolition by

certified or registered mail.

(5) Upon demolition and removal of the building and all d ebris from the property, the

conservator shall submit to the court and all parties in interest a full accounting of

all actions taken, all income and expenditures received or incurred, and an estimate

of the conservator's fee.

(6) The conservator may then petition the court for authorization to terminate the

conservatorship through either a public or private sale.