State Codes and Statutes

Statutes > Kentucky > 103-00 > 200

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103.200 Definitions. (1) As used in KRS 103.210 to 103.285, &quot;building&quot; or &quot;industrial building&quot; means any land and building or buildings (including office space related and subordinate to any <br>of the facilities enumerated below), any facility or other improvement thereon, and <br>all real and personal properties, including operating equipment and machinery <br>deemed necessary in connection therewith, whether or not now in existence, which <br>shall be suitable for the following or any combination thereof: <br>(a) Any activity, business, or industry for the manufacturing, processing or assembling of any commercial product, including agricultural, mining, or <br>manufactured products, together with storage, warehousing, and distribution <br>facilities in respect thereof; (b) Any undertaking involving the construction, reconstruction, and use of airports, mass commuting facilities, ship canals, ports or port facilities, docks <br>or wharf facilities or harbor facilities, off-street parking facilities or of <br>railroads, monorails, or tramways, railway or airline terminals, cable <br>television, mass communication facilities, and related facilities; (c) Any buildings, structures, and facilities, including the site thereof and machinery, equipment, and furnishings suitable for use as health-care or <br>related facilities, including without limitation hospitals, clinics, nursing <br>homes, research facilities, extended or long-term care facilities, including <br>housing for the aged or the infirm and all buildings, structures, and facilities <br>deemed necessary or useful in connection therewith; (d) Any nonprofit educational institution in any manner related to or in furtherance of the educational purposes of such institution, including but not <br>limited to classroom, laboratory, housing, administrative, physical <br>educational, and medical research and treatment facilities; (e) Any facilities for any recreation or amusement park, public park, or theme park, including specifically facilities for the use of nonprofit entities in <br>making recreational and cultural benefits available to the public; (f) Any facilities involving manufacturing and service industries which process raw agricultural products, including timber, provide value-added functions, or <br>supply ingredients used for production of basic agricultural crops and <br>products; (g) Any facilities incident to the development of industrial sites, including land costs and the costs of site improvements thereon, such as grading, streets, <br>drainage, storm and sanitary sewers, and other facilities and structures <br>incidental to the use of such site or sites for industrial use; (h) Any facilities for the furnishing of water, if available on reasonable demand to members of the general public; (i) Any facilities for the extraction, production, grading, separating, washing, drying, preparing, sorting, loading, and distribution of mineral resources, <br>together with related facilities; (j) Any convention or trade show facilities, together with all related and subordinate facilities necessary to the development and proper utilization <br>thereof; (k) Any facilities designed and constructed to be used as hotels and/or motels, together with all related and subordinate facilities necessary to the operation <br>thereof, including site preparation and similar facilities; (l) Any activity designed for the preservation of residential neighborhoods, provided that such activity receives approval of the heritage division and <br>insures the preservation of not fewer than four (4) family units; (m) Any activity designed for the preservation of commercial or residential buildings which are on the National Register of Historic Places or within an <br>area designated as a national historic district or approved by the heritage <br>division; and (n) Any activity, including new construction, designed for revitalization or redevelopment of downtown business districts as designated by the issuer. (2) As used in KRS 103.210 to 103.285, &quot;bonds&quot; or &quot;negotiable bonds&quot; means bonds, notes, variable rate bonds, commercial paper bonds, bond anticipation notes, or any <br>other obligations for the payment of money issued by a city, county, or other <br>authority pursuant to KRS 103.210 to 103.285. (3) As used in KRS 103.210 to 103.285, &quot;substantiating documentation&quot; means an independent finding, study, report, or assessment of the economic and financial <br>impact of a project, which shall include a review of customary business practices, <br>terms, and conditions for similar types of projects, both taxable and tax-exempt, in <br>the current market environment. Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 228, sec. 1, effective July 12, 2006. -- Amended 1986 Ky. Acts ch. 248, sec. 1, effective July 15, 1986. -- Amended 1984 Ky. Acts <br>ch. 122, sec. 1, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 322, sec. 1, <br>effective July 15, 1982; and, ch. 396, sec. 9, effective July 15, 1982. -- Amended <br>1980 Ky. Acts ch. 339, sec. 1, effective July 15, 1980. -- Amended 1978 Ky. Acts <br>ch. 95, sec. 1, effective June 17, 1978. -- Amended 1976 Ky. Acts ch. 214, sec. 1. -- <br>Amended 1972 Ky. Acts ch. 292, sec. 1. -- Amended 1970 Ky. Acts ch. 64, sec. 1. -- <br>Amended 1964 Ky. Acts ch. 90, sec. 1. -- Amended 1962 Ky. Acts ch. 268, sec. 1. -- <br>Amended 1952 Ky. Acts ch. 172, sec. 1. -- Created 1946 Ky. Acts ch. 58, sec. 1.

State Codes and Statutes

Statutes > Kentucky > 103-00 > 200

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103.200 Definitions. (1) As used in KRS 103.210 to 103.285, &quot;building&quot; or &quot;industrial building&quot; means any land and building or buildings (including office space related and subordinate to any <br>of the facilities enumerated below), any facility or other improvement thereon, and <br>all real and personal properties, including operating equipment and machinery <br>deemed necessary in connection therewith, whether or not now in existence, which <br>shall be suitable for the following or any combination thereof: <br>(a) Any activity, business, or industry for the manufacturing, processing or assembling of any commercial product, including agricultural, mining, or <br>manufactured products, together with storage, warehousing, and distribution <br>facilities in respect thereof; (b) Any undertaking involving the construction, reconstruction, and use of airports, mass commuting facilities, ship canals, ports or port facilities, docks <br>or wharf facilities or harbor facilities, off-street parking facilities or of <br>railroads, monorails, or tramways, railway or airline terminals, cable <br>television, mass communication facilities, and related facilities; (c) Any buildings, structures, and facilities, including the site thereof and machinery, equipment, and furnishings suitable for use as health-care or <br>related facilities, including without limitation hospitals, clinics, nursing <br>homes, research facilities, extended or long-term care facilities, including <br>housing for the aged or the infirm and all buildings, structures, and facilities <br>deemed necessary or useful in connection therewith; (d) Any nonprofit educational institution in any manner related to or in furtherance of the educational purposes of such institution, including but not <br>limited to classroom, laboratory, housing, administrative, physical <br>educational, and medical research and treatment facilities; (e) Any facilities for any recreation or amusement park, public park, or theme park, including specifically facilities for the use of nonprofit entities in <br>making recreational and cultural benefits available to the public; (f) Any facilities involving manufacturing and service industries which process raw agricultural products, including timber, provide value-added functions, or <br>supply ingredients used for production of basic agricultural crops and <br>products; (g) Any facilities incident to the development of industrial sites, including land costs and the costs of site improvements thereon, such as grading, streets, <br>drainage, storm and sanitary sewers, and other facilities and structures <br>incidental to the use of such site or sites for industrial use; (h) Any facilities for the furnishing of water, if available on reasonable demand to members of the general public; (i) Any facilities for the extraction, production, grading, separating, washing, drying, preparing, sorting, loading, and distribution of mineral resources, <br>together with related facilities; (j) Any convention or trade show facilities, together with all related and subordinate facilities necessary to the development and proper utilization <br>thereof; (k) Any facilities designed and constructed to be used as hotels and/or motels, together with all related and subordinate facilities necessary to the operation <br>thereof, including site preparation and similar facilities; (l) Any activity designed for the preservation of residential neighborhoods, provided that such activity receives approval of the heritage division and <br>insures the preservation of not fewer than four (4) family units; (m) Any activity designed for the preservation of commercial or residential buildings which are on the National Register of Historic Places or within an <br>area designated as a national historic district or approved by the heritage <br>division; and (n) Any activity, including new construction, designed for revitalization or redevelopment of downtown business districts as designated by the issuer. (2) As used in KRS 103.210 to 103.285, &quot;bonds&quot; or &quot;negotiable bonds&quot; means bonds, notes, variable rate bonds, commercial paper bonds, bond anticipation notes, or any <br>other obligations for the payment of money issued by a city, county, or other <br>authority pursuant to KRS 103.210 to 103.285. (3) As used in KRS 103.210 to 103.285, &quot;substantiating documentation&quot; means an independent finding, study, report, or assessment of the economic and financial <br>impact of a project, which shall include a review of customary business practices, <br>terms, and conditions for similar types of projects, both taxable and tax-exempt, in <br>the current market environment. Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 228, sec. 1, effective July 12, 2006. -- Amended 1986 Ky. Acts ch. 248, sec. 1, effective July 15, 1986. -- Amended 1984 Ky. Acts <br>ch. 122, sec. 1, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 322, sec. 1, <br>effective July 15, 1982; and, ch. 396, sec. 9, effective July 15, 1982. -- Amended <br>1980 Ky. Acts ch. 339, sec. 1, effective July 15, 1980. -- Amended 1978 Ky. Acts <br>ch. 95, sec. 1, effective June 17, 1978. -- Amended 1976 Ky. Acts ch. 214, sec. 1. -- <br>Amended 1972 Ky. Acts ch. 292, sec. 1. -- Amended 1970 Ky. Acts ch. 64, sec. 1. -- <br>Amended 1964 Ky. Acts ch. 90, sec. 1. -- Amended 1962 Ky. Acts ch. 268, sec. 1. -- <br>Amended 1952 Ky. Acts ch. 172, sec. 1. -- Created 1946 Ky. Acts ch. 58, sec. 1.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 103-00 > 200

Download pdf
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103.200 Definitions. (1) As used in KRS 103.210 to 103.285, &quot;building&quot; or &quot;industrial building&quot; means any land and building or buildings (including office space related and subordinate to any <br>of the facilities enumerated below), any facility or other improvement thereon, and <br>all real and personal properties, including operating equipment and machinery <br>deemed necessary in connection therewith, whether or not now in existence, which <br>shall be suitable for the following or any combination thereof: <br>(a) Any activity, business, or industry for the manufacturing, processing or assembling of any commercial product, including agricultural, mining, or <br>manufactured products, together with storage, warehousing, and distribution <br>facilities in respect thereof; (b) Any undertaking involving the construction, reconstruction, and use of airports, mass commuting facilities, ship canals, ports or port facilities, docks <br>or wharf facilities or harbor facilities, off-street parking facilities or of <br>railroads, monorails, or tramways, railway or airline terminals, cable <br>television, mass communication facilities, and related facilities; (c) Any buildings, structures, and facilities, including the site thereof and machinery, equipment, and furnishings suitable for use as health-care or <br>related facilities, including without limitation hospitals, clinics, nursing <br>homes, research facilities, extended or long-term care facilities, including <br>housing for the aged or the infirm and all buildings, structures, and facilities <br>deemed necessary or useful in connection therewith; (d) Any nonprofit educational institution in any manner related to or in furtherance of the educational purposes of such institution, including but not <br>limited to classroom, laboratory, housing, administrative, physical <br>educational, and medical research and treatment facilities; (e) Any facilities for any recreation or amusement park, public park, or theme park, including specifically facilities for the use of nonprofit entities in <br>making recreational and cultural benefits available to the public; (f) Any facilities involving manufacturing and service industries which process raw agricultural products, including timber, provide value-added functions, or <br>supply ingredients used for production of basic agricultural crops and <br>products; (g) Any facilities incident to the development of industrial sites, including land costs and the costs of site improvements thereon, such as grading, streets, <br>drainage, storm and sanitary sewers, and other facilities and structures <br>incidental to the use of such site or sites for industrial use; (h) Any facilities for the furnishing of water, if available on reasonable demand to members of the general public; (i) Any facilities for the extraction, production, grading, separating, washing, drying, preparing, sorting, loading, and distribution of mineral resources, <br>together with related facilities; (j) Any convention or trade show facilities, together with all related and subordinate facilities necessary to the development and proper utilization <br>thereof; (k) Any facilities designed and constructed to be used as hotels and/or motels, together with all related and subordinate facilities necessary to the operation <br>thereof, including site preparation and similar facilities; (l) Any activity designed for the preservation of residential neighborhoods, provided that such activity receives approval of the heritage division and <br>insures the preservation of not fewer than four (4) family units; (m) Any activity designed for the preservation of commercial or residential buildings which are on the National Register of Historic Places or within an <br>area designated as a national historic district or approved by the heritage <br>division; and (n) Any activity, including new construction, designed for revitalization or redevelopment of downtown business districts as designated by the issuer. (2) As used in KRS 103.210 to 103.285, &quot;bonds&quot; or &quot;negotiable bonds&quot; means bonds, notes, variable rate bonds, commercial paper bonds, bond anticipation notes, or any <br>other obligations for the payment of money issued by a city, county, or other <br>authority pursuant to KRS 103.210 to 103.285. (3) As used in KRS 103.210 to 103.285, &quot;substantiating documentation&quot; means an independent finding, study, report, or assessment of the economic and financial <br>impact of a project, which shall include a review of customary business practices, <br>terms, and conditions for similar types of projects, both taxable and tax-exempt, in <br>the current market environment. Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 228, sec. 1, effective July 12, 2006. -- Amended 1986 Ky. Acts ch. 248, sec. 1, effective July 15, 1986. -- Amended 1984 Ky. Acts <br>ch. 122, sec. 1, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 322, sec. 1, <br>effective July 15, 1982; and, ch. 396, sec. 9, effective July 15, 1982. -- Amended <br>1980 Ky. Acts ch. 339, sec. 1, effective July 15, 1980. -- Amended 1978 Ky. Acts <br>ch. 95, sec. 1, effective June 17, 1978. -- Amended 1976 Ky. Acts ch. 214, sec. 1. -- <br>Amended 1972 Ky. Acts ch. 292, sec. 1. -- Amended 1970 Ky. Acts ch. 64, sec. 1. -- <br>Amended 1964 Ky. Acts ch. 90, sec. 1. -- Amended 1962 Ky. Acts ch. 268, sec. 1. -- <br>Amended 1952 Ky. Acts ch. 172, sec. 1. -- Created 1946 Ky. Acts ch. 58, sec. 1.