{"data":{"id":"us-ky/krs-99.350","jurisdiction":"us-ky","citation":"KRS 99.350","heading":"Creation of agency -- Agency may be dissolved by vote of legislative body --","body":"Appointment and tenure of members -- Structure and organization.\n(1) If the council of any community by resolution finds and declares:\n(a) That there exist in the community slum areas or blighted areas;\n(b) That there is need in the community for the exercise of powers, functions and\nduties conferred by KRS 99.330 to 99.510; and\n(c) That the exercise of such powers, functions and duties by an agency created\nand established purs uant to this section would be more efficient and more in\nthe public interest than the exercise of such powers, functions and duties by\nthe community or the housing commission of the community pursuant to KRS\n99.490, an agency, to be known as the urban rene wal and community\ndevelopment agency of the city or county, as the case may be, shall thereupon\nexist for such community with the powers, duties and functions provided for\nin KRS 99.330 to 99.510.\n(2) An urban renewal and community development agency creat ed pursuant to\nsubsection (1) of this section may be dissolved at any time by the council which\ncreated it by a three-fifths (3/5) vote of the legislative body.\n(3) Upon adoption of a resolution creating an agency, the mayor shall be promptly\nnotified and he shall appoint, with the approval of a majority of the council, five (5)\nresident electors of the community as members of the agency.\n(4) Three (3) of the members who are first appointed shall be designated to serve for\nterms of one (1), two (2) and thre e (3) years respectively, and the remaining two (2)\nof such members shall be designated to serve for terms of four (4) years each, from\nthe date of their appointment. Any appointments heretofore made for a term of five\n(5) years are hereby confirmed and de clared to be appointments for a term of four\n(4) years from the date of such appointment. Thereafter, members shall be\nappointed as aforesaid for a term of office of four (4) years, except that all vacancies\noccurring during a term shall be filled for the unexpired term. A member shall hold\noffice until his successor has been appointed and qualified.\n(5) The agency shall elect a chairman from among its members. The term of office as\nchairman of the agency, unless otherwise prescribed by the council, shall b e for the\ncalendar year, or for that portion thereof remaining after each such chairman is\ndesignated or elected.\n(6) The powers of each agency shall be vested in the members thereof then in office.\nMembers of an agency or their staff shall receive their a ctual and necessary\nexpenses, including traveling expenses, provided, however, that such other\ncompensation, if prescribed, shall be paid exclusively from community funds.\n(7) For inefficiency, neglect of duty or misconduct in office, a member of an agency\nmay be removed by the council, but the member may be removed only after he shall\nhave been given a copy of the charges at least ten (10) days prior to a public hearing\nthereon and has had an opportunity to be heard in person or by counsel.\n(8) No officer or employee of the community or of the agency, who in the course of his\nduties is required to participate in the formulation of plans or policies for the\nredevelopment of a development area, or to approve such plans or policies, shall\nacquire any interest in any property included within a development area within the\ncommunity. If any such officer or employee owns or has financial interest, direct or\nindirect, in any property included within such a development area, he shall\nimmediately disclose, in writing,  such interest to the agency and to the council and\nsuch disclosure shall be entered in the minutes of the agency and of the council.\nFailure to so disclose such interest shall constitute misconduct in office. No\npayment shall be made to any member or offi cer of an agency for any property or\ninterest therein acquired by the agency from such member or officer unless the\namount of such payment is fixed by court order in eminent domain proceedings, or\nunless such payment is unanimously approved by the council.\n(9) When an agency is created for any community, the council may at that time, and\nfrom time to time thereafter, appropriate such amounts of money to the agency as it\ndeems necessary for the administrative purposes of the agency. The administrative\npurposes of the agency may include staff and consultants for research, studies and\nsurveys, designation of development areas, preparation of development plans,\nestimates of the cost of acquisition, clearance and conditioning of land for\nredevelopment, estimates of the fair use value of the land and any other\nadministrative expenses considered necessary by the council.\n(10) Each such agency shall file with the council a detailed report of all its transactions,\nincluding a statement of all revenues and expenditures , at such intervals as the\ncouncil may prescribe.","path":["KRS Chapter 99"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26535","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:01Z","sha256":"36e88306610a9e902f5bb9b2fb12f51377e810a7f154b8770c1b11446b49c183","source_id":"us-ky","stale":false,"prev":"us-ky/krs-99.340","next":"us-ky/krs-99.360"},"notice":"GroundRules: Original legal text. Not legal advice."}