91.750 Definitions for KRS 91.750 to 91.762.

Download pdf

Loading PDF...


Page 1 of 1 91.750 Definitions for KRS 91.750 to 91.762. As used in KRS 91.750 to 91.762, unless the context otherwise requires: <br>(1) &quot;Economic improvement&quot; means any activity or service for the improvement and promotion of a management district that is of special benefit to property within the <br>district, but shall not include any service ordinarily provided throughout the city, <br>consolidated local government, or urban-county from general fund revenues unless <br>an increased level of the service is provided in the management district; (2) &quot;City&quot; means a city of the first class; <br>(3) &quot;Legislative body&quot; means the legislative body of a city of the first class, a consolidated local government, or of an urban-county government; (4) &quot;Management district&quot; means an area designated by a legislative body pursuant to KRS 91.750 to 91.762, that is to be benefited by economic improvements and <br>subjected to the payment of special assessments for the costs of the economic <br>improvements. Areas that may be designated as a management district include, but <br>are not limited to, neighborhoods and business districts; (5) &quot;Property&quot; means any real property benefited by economic improvements; <br>(6) &quot;Special assessment&quot; means a special charge fixed on property to finance economic improvements in whole or in part; (7) &quot;Fair basis&quot; means assessed value basis, front foot basis, square foot basis, or benefits received basis; (8) &quot;Urban-county&quot; means a local government formed as provided by KRS Chapter 67A; and (9) &quot;Consolidated local government&quot; means a local government formed as provided by KRS Chapter 67C. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 119, sec. 1, effective June 20, 2005. -- Amended 1996 Ky. Acts ch. 123, sec. 1, effective July 15, 1996. -- Created 1990 Ky. Acts <br>ch. 297, sec. 1, effective July 13, 1990.