{"data":{"id":"us-ky/krs-99.550","jurisdiction":"us-ky","citation":"KRS 99.550","heading":"Power and authority of agency with respect to urban renewal.","body":"An agency shall have all the powers necessary or convenient to undertake and carry out\nurban renewal plans and urban renewal projects, including the authority to acquire and\ndispose of property, to issue bonds and other obligations, to borrow and accept gr ants\nfrom the federal government or other source and to exercise the other powers which KRS\n99.330 to 99.510 confer on an agency with respect to redevelopment projects. In\nconnection with the planning and undertaking of any urban renewal plan or urban renewal\nproject, the agency, the community, and all public and private officers, agencies, and\nbodies shall have all the rights, powers, privileges, and immunities which they have with\nrespect to a development plan or redevelopment project, in the same manner as though all\nof the provisions of KRS 99.330 to 99.510 applicable to a development plan or\nredevelopment project were applicable to an urban renewal plan or urban renewal project;\nProvided That for such purpose the word \"redevelopment\" as used in KRS 99.3 30 to\n99.510 and KRS 99.520 to 99.590, except in this section and in the definition of\n\"redevelopment project\" in KRS 99.340, shall mean \"urban renewal,\" the words \"slum\narea\" and the words \"blighted area\" as used in KRS 99.330 to 99.510 and KRS 99.520 to\n99.590, except in this section and in the definitions in subsections (1) and (2) of KRS\n99.340, shall mean \"blighted, deteriorated, or deteriorating area,\" and the finding\nprescribed in KRS 99.370 with respect to a slum area or blighted area shall not be\nrequired; Provided further That any disaster area, referred to in KRS 99.530, shall\nconstitute a \"blighted area\"; and Provided further That this section shall not change the\ncorporate name of the agency or amend any section of KRS 99.330 to 99.510. In addit ion\nto the surveys and plans which an agency is otherwise authorized to make, an agency is\nhereby specifically authorized to make (1) plans for carrying out a program of voluntary\nrepair and rehabilitation of buildings and improvements, (2) plans for the e nforcement of\nlaws, codes, and regulations relating to the use of lands and the use and occupancy of\nbuildings and improvements, and to the compulsory repair, rehabilitation, demolition, or\nremoval of buildings and improvements, (3) plans for the relocatio n of persons, including\nfamilies, business concerns and others, displaced by an urban renewal project, (4)\npreliminary plans outlining urban renewal activities for neighborhoods to embrace two\n(2) or more urban renewal areas, and (5) preliminary surveys to  determine if the\nundertaking and carrying out of an urban renewal project are feasible. The agency is\nauthorized to make relocation payments to or with respect to persons, including families,\nbusiness concerns and others, displaced by an urban renewal project, for moving expenses\nand losses of property for which reimbursement or compensation is not otherwise made,\nincluding the making of such payments financed by the federal government. The agency\nalso is authorized to develop, test, and report methods and  techniques, and carry out\ndemonstrations and other activities, for the prevention and the elimination of slums and\nurban blight.","path":["KRS Chapter 99"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26555","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:02Z","sha256":"c37db8d28c4a632cb2e2323accc1788e0743dc12992aa786bc0e6ace9e65682e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-99.540","next":"us-ky/krs-99.555"},"notice":"GroundRules: Original legal text. Not legal advice."}