<br><br>80.320 Creation of county and regional housing authorities. <br>(1) If the governing body of a county by resolution declares (upon findings prescribed <br>in this section and KRS 80.330 to 80.610) that there is a need for a housing <br>authority to be created for such county to exercise therein powers and other <br>functions prescribed for a housing authority of a county, a county housing authority <br>shall thereupon exist for such county. <br>(2) If the governing body of each of two (2) or more contiguous counties by resolution <br>declares (upon findings prescribed in this section and KRS 80.330 to 80.610) that <br>there is a need for one (1) housing authority to be created for all of such counties to <br>exercise in such counties powers and other functions prescribed for a regional <br>housing authority, a regional housing authority shall thereupon exist for all of such <br>counties and exercise its powers and other functions in such counties. If there is a <br>county housing authority created for a county, the governing body of that county <br>shall not adopt such resolution unless first, all holders of any outstanding bonds, <br>notes, or other evidences of indebtedness of such county housing authority consent <br>in writing to such action and the county housing authority adopts a resolution not to <br>thereafter initiate any project within such county. <br>Effective: July 13, 1984 <br>History: Amended 1984 Ky. Acts ch. 361, sec. 21, effective July 13, 1984. -- Created <br>1942 Ky. Acts ch. 70, sec. 2. <br><br>