99.620 Creation of development authority.

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99.620 Creation of development authority. There is hereby authorized, created, and established in cities of the first and second class, <br>consolidated local governments, and counties governed under the urban-county <br>government statutes, upon adoption of a resolution so declaring by a majority of the <br>governing board of said cities, consolidated local governments, or counties, an agency to <br>be known by the name of the city, the consolidated local government, or in the case of an <br>urban-county government, the largest city in such county and the name of the county <br>itself, separated by the word &quot;and,&quot; and the words &quot;Development Authority.&quot; Said agency <br>shall exist for each such city, consolidated local government, or county with the powers, <br>duties, and functions hereinafter provided. Effective: July 15, 2002 <br>History: Amended 2002 Ky. Acts ch. 346, sec. 125, effective July 15, 2002. -- Created 1974 Ky. Acts ch. 131, sec. 3.