State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 154-50 > 323

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154.50-323 Limitations on condemnation powers. Notwithstanding any other provision or section of KRS 154.50-301 to 154.50-346, no <br>governmental unit shall have the power to condemn property under KRS 154.50-301 to <br>154.50-346 unless the governmental unit has first given proper public notice as required <br>by law stating the specific purpose for which the property to be condemned shall be used <br>and said purposes shall be pleaded and proved in such condemnation action. The property <br>shall be developed within a period of five (5) years pursuant to the purpose stated, and the <br>failure of the authority to so develop shall entitle the person or persons whose property <br>was condemned to repurchase the property at the price the authority paid to the <br>governmental unit for the same. The person from whom the land is taken by <br>condemnation shall have the right to reacquire the land as aforementioned by application <br>to the court of competent jurisdiction, if such procedure be necessary, and shall be <br>entitled to recovery of his costs and reasonable attorney's fees necessary to reacquire said <br>land. History: Created 1970 Ky. Acts ch. 114, sec. 13. <br>Formerly codified as KRS 152.850