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KRS 107.420

Contract of lease prior to acquisition of site and construction of buildings

Known as the Kentucky Privatization Act

The act spans §§ 107–107 (57 sections).

History: Created 1970 Ky

Any governmental unit within the territorial limits of the county may, in anticipation of the construction and erection of such buildings, including the necessary equipment and appurtenances thereof, make and enter into a contract of lease with such district prior to the actual acquisition of a site, if a site is to be acquired, and the construction and erection of such buildings.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.