Any local government establishing a neighborhood redevelopment zone shall establish a program for granting property assessment or reassessment moratoriums pursuant to KRS 99.595 to 99.605. Any residential building located within the neighborhood redevelopment zone shall be eligible for a property assessment moratorium certificate if such building is repaired, restored, rehabilitated or stabilized in accordance with the provisions of KRS 99.595 to 99.605.
KRS 99A.050
Created 1984 Ky. Acts ch. 174, sec. 6, effective7/13/1984.