Find Legal Information

80.256 Validation of contracts and undertakings.

Download pdf

80.256 Validation of contracts and undertakings. All contracts, agreements, obligations and undertakings of housing authorities heretofore <br>entered into relating to financing or aiding in the development, construction, maintenance <br>or operation of any housing or to obtaining aid therefor from the United States Housing <br>Authority and its successor agencies, including (without limiting the foregoing) loan and <br>annual contributions contracts and leases with the United States Housing Authority and <br>its successor agencies, agreements with cities, counties or other public bodies (including <br>agreements which are pledged or authorized to be pledged for the protection of the <br>holders of any notes or bonds issued by housing authorities or which are otherwise made <br>a part of the contract with such holders of notes or bonds) relating to cooperation and <br>contributions in aid of housing, payments (if any) in lieu of taxes, furnishing of municipal <br>services and facilities, and the elimination of unsafe and unsanitary dwellings, and <br>contracts for the construction of housing, together with all proceedings, acts and things <br>heretofore undertaken, performed or done with reference thereto, are hereby validated, <br>ratified, confirmed, approved and declared legal in all respects notwithstanding any defect <br>or irregularity therein or any want of statutory authority. Effective: July 13, 1984 <br>History: Amended 1984 Ky. Acts ch. 361, sec. 15, effective July 13, 1984. -- Amended 1964 Ky. Acts ch. 146, sec. 3. -- Created 1942 Ky. Acts ch. 71, sec. 2.