Current through 2024 Ky. Acts ch.225
Section 99.727 - Consolidated local government may establish a tax delinquency diversion program for blighted property(1) As used in this section: (a) "Census block" means an area within the jurisdiction of a local government identified by the United States Census Bureau using a unique four (4) digit number;(b) "Certificate of delinquency" has the same meaning as in KRS 134.010;(c) "Individual parcel" means a parcel of property not located in a priority project area that has been designated by the commission or alternative government entity as blighted, and for which the area in which the property is located: 1. Exhibits conditions that are favorable for development;2. Has the resources needed for urban redevelopment; and3. Has characteristics that can be promoted as part of a campaign to retain existing residents and attract new residents to the area; and(d) "Priority project area" means a specific group of properties identified by census block, which are located in an area where: 1. There are a significant number of blighted properties;2. Existing conditions are favorable for development;3. Existing resources needed for urban redevelopment are present; and4. Existing characteristics of the area can be promoted as part of a campaign to retain existing residents and attract new residents to the area.(2) The legislative body of a consolidated local government may, by ordinance, establish a tax delinquency diversion program for blighted property.(3) The ordinance establishing the program shall designate the commission or an alternative government entity as the body responsible for identifying and certifying priority project areas and individual parcels of property for inclusion in the tax delinquency diversion program.(4) The commission or alternative government entity shall submit recommended priority project areas and qualifying individual parcels of property to the governing body of the consolidated local government for consideration.(5) Certificates of delinquency related to property approved by the governing body of the consolidated local government for inclusion in the tax delinquency diversion program shall not be available for purchase by any person for a period of up to five (5) years following the year in which the property is placed in the tax delinquency diversion program.(6) The commission or alternative government entity shall provide to the county attorney a list of all properties included in the tax delinquency diversion plan, and the county attorney shall place the identified properties on the protected list required by KRS 134.504(10).Added by 2016 Ky. Acts ch. 127,§ 8, eff. 7/14/2016.