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154.50.326 Membership of authority.

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154.50-326 Membership of authority. (1) The members of the authority shall be appointed as follows: (a) If the authority is established by a city, the members shall be appointed by the mayor of the city; (b) If the authority is established by a county, the members shall be appointed by the county judge/executive; (c) If the authority is established as a joint city-county industrial development authority, one-half (1/2) of the members shall be appointed by the mayor and <br>one-half (1/2) of the members by the county judge/executive. If the authority <br>is composed of seven (7) members, the mayor and the county judge/executive <br>shall jointly appoint the seventh member; (d) If a combination of cities and/or counties establishes a joint industrial development authority, or if an established joint industrial development <br>authority is altered by adding a new city or county as a participating member, <br>the mayors and/or county judges/executive involved shall: <br>1. Jointly choose the members, and shall jointly choose successors; or 2. Choose the members and successors in a manner established by an <br>agreement entered into between the legislative bodies of the affected <br>cities and counties. (2) Members of the authority shall serve for a term of four (4) years each, and until their successors are appointed and qualified. If the authority is composed of six (6) <br>members, initial appointments shall be made so that two (2) members are appointed <br>for two (2) years, two (2) members for three (3) years, and two (2) members for four <br>(4) years. If the authority is composed of seven (7) members, initial appointments <br>shall be made so that two (2) members are appointed for two (2) years, two (2) <br>members for three (3) years, and three (3) members for four (4) years. If the <br>authority is composed of eight (8) members, initial appointments shall be made so <br>that two (2) members are appointed for two (2) years, three (3) members for three <br>(3) years, and three (3) members for four (4) years. Upon expiration of these <br>staggered terms, successors shall be appointed for a term of four (4) years. (3) An industrial development authority member may be replaced by the appointing authority upon a showing to the appointing authority of misconduct as an authority <br>member or upon conviction of a felony. Effective: July 13, 2004 <br>History: Amended 2004 Ky. Acts ch. 43, sec. 1, effective July 13, 2004. -- Amended 2002 Ky. Acts ch. 104, sec. 2, effective July 15, 2002. -- Amended 1992 Ky. Acts <br>ch. 86, sec. 1, effective July 14, 1992. -- Created 1970 Ky. Acts ch. 114, sec. 6. Formerly codified as KRS 152.860