{"data":{"id":"us-ky/krs-82.120","jurisdiction":"us-ky","citation":"KRS 82.120","heading":"Effect of concurrent urban renewal and redevelopment program.","body":"A city may exercise all or any of the powers conferred upon it in KRS 82.105 to 82.180\nas incidents to the exercise of its urban renewal and/or urban redevelopment functions\nauthorized and contemplated in and by KRS Chapter 99, or otherwise. In the event a  city\nhas elected or may hereafter elect to perform and carry out its permissible urban renewal\nand/or urban redevelopment functions through, or without the intervention of, an\nindependent corporate agency or instrumentality, such city may lawfully raise f unds from\nany source or sources authorized or permitted by law, and by means thereof acquire such\nlands in its own name and pay therefor the resale or lease value established as provided in\nKRS Chapter 99, and thereby redeem and perform obligations and com mitments to the\nUnited States or others within the meaning, intent and purpose of federal or Kentucky\nstatutes relating to such urban renewal and urban redevelopment programs.","path":["KRS Chapter 82"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=25046","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:43Z","sha256":"faba789768c7304cd69bba51d550d5eccc269673085986fbbc7f55b782ac7b64","source_id":"us-ky","stale":false,"prev":"us-ky/krs-82.115","next":"us-ky/krs-82.125"},"notice":"GroundRules: Original legal text. Not legal advice."}