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99.565 Acquisition of property in order to receive federal funds.

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99.565 Acquisition of property in order to receive federal funds. The council of any community, whose agency has received certification of availability of <br>federal funds pursuant to section 101(c) of the National Housing Act of 1949, as amended <br>may authorize the agency to acquire, by eminent domain, purchase, gift, grant, devise or <br>otherwise, any real property in the development area or urban renewal area without regard <br>to the conditions, restrictions, or provisions set forth in KRS 99.370, or any other section <br>of this chapter; if it finds by resolution that it is desirable and feasible to obtain federal <br>financial assistance authorized by section 403 of the Housing Act of 1959 in acquiring <br>such real property, and to sell, grant and convey any such real property if by resolution the <br>agency consents to the disposal thereof. Effective: June 16, 1960 <br>History: Created 1960 Ky. Acts ch. 109, sec. 3, effective June 16, 1960.