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65.682 Legislative finding.

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Page 1 of 1 65.682 Legislative finding. The General Assembly finds and declares that economic development created by the <br>development of projects to support economic revitalization and improvement in a <br>development area which results in the increase in the value of property located in a <br>development area or results in increased employment opportunities within or around a <br>development area serves a public purpose; and that the authority prescribed by KRS <br>65.680 to 65.699 and the purposes to be accomplished thereunder, are proper <br>governmental and public purposes for which public moneys may be expended; and that <br>the creation or expansion of development areas is of paramount importance mandating <br>that the provisions of KRS 65.680 to 65.699 be liberally construed and applied in order to <br>advance public purposes. Effective: July 15, 2002 <br>History: Amended 2002 Ky. Acts ch. 338, sec. 4, effective July 15, 2002. -- Created 2000 Ky. Acts ch. 358, sec. 2, effective July 14, 2000.