65.250 Contents of agreements authorized by KRS 65.240 -- Status of employees.
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65.250 Contents of agreements authorized by KRS 65.240 -- Status of employees.
(1) Any such agreement shall specify the following:
(a) The duration of the agreement; <br>(b) The precise organization, composition and nature of any separate legal or
administrative entity created thereby together with a statement of the powers <br>delegated thereto; provided such legal entity may be legally created;
(c) The purpose or purposes of such legal or administrative entity; <br>(d) The manner of financing the joint or cooperative undertaking and of
establishing and maintaining a budget therefor; said agreement for financing <br>the joint or cooperative undertaking shall include agreements relative to the <br>respective responsibilities of the units of government involved for the <br>payment of the employer's share involved in any pertinent pension plan or <br>plans, if any, provided for by KRS 65.280;
(e) The permissible method or methods to be employed in accomplishing the
partial or complete termination of the agreement and for disposing of property <br>upon such partial or complete termination;
(f) Any other necessary and proper matters.
(2) In the event that the agreement does not establish a separate legal or administrative
entity to conduct the joint or cooperative undertaking, the agreement shall, in <br>addition to paragraphs (a), (c), (d), (e) and (f) enumerated in subsection (1) of this <br>section, contain the following: <br>(a) Provision for an administrator or joint board responsible for administering the
joint or cooperative undertaking. In the event that a joint board is established, <br>the public agencies party to the agreement shall be represented thereon;
(b) The manner of acquiring, holding and disposing of real and personal property
used in the joint or cooperative undertaking.
History: Amended 1966 Ky. Acts ch. 255, sec. 78. -- Amended 1964 Ky. Acts ch. 114,
sec. 4. -- Created 1962 Ky. Acts ch. 216, sec. 4(3) and (4).
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