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171.027 Establishment of public library facilities construction fund -- Requirement that department report assistance awards to Interim Joint Committee on Appropriations and Revenue.

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Page 1 of 1 171.027 Establishment of public library facilities construction fund -- Requirement that department report assistance awards to Interim Joint Committee on <br>Appropriations and Revenue. There is established a public library facilities construction fund to assist local libraries <br>with debt service payments for new library facilities and library improvements. The <br>Department for Libraries and Archives is authorized to enter into long-term written <br>memoranda of agreement with local libraries or other governing bodies to assist in debt <br>service payments relating to library construction or renovation projects. The agreements <br>shall specify the rights, duties, and obligations of both the local public library, or other <br>governing body, and the department. The department shall promulgate administrative <br>regulations to establish the application process, criteria for selecting projects for <br>assistance, a minimum level of local participation, and the process to be followed in the <br>construction of facilities. The department shall report assistance awards to the Interim <br>Joint Committee on Appropriations and Revenue within thirty (30) days of execution of <br>any memorandum of agreement. Effective: July 14, 2000 <br>History: Created 2000 Ky. Acts ch. 504, sec. 2, effective July 14, 2000.