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99.550 Power and authority of agency with respect to urban renewal. An agency shall have all the powers necessary or convenient to undertake and carry out <br>urban renewal plans and urban renewal projects, including the authority to acquire and <br>dispose of property, to issue bonds and other obligations, to borrow and accept grants <br>from the federal government or other source and to exercise the other powers which KRS <br>99.330 to 99.510 confer on an agency with respect to redevelopment projects. In <br>connection with the planning and undertaking of any urban renewal plan or urban renewal <br>project, the agency, the community, and all public and private officers, agencies, and <br>bodies shall have all the rights, powers, privileges, and immunities which they have with <br>respect to a development plan or redevelopment project, in the same manner as though all <br>of the provisions of KRS 99.330 to 99.510 applicable to a development plan or <br>redevelopment project were applicable to an urban renewal plan or urban renewal project; <br>Provided That for such purpose the word &quot;redevelopment&quot; as used in KRS 99.330 to <br>99.510 and KRS 99.520 to 99.590, except in this section and in the definition of <br>&quot;redevelopment project&quot; in KRS 99.340, shall mean &quot;urban renewal,&quot; the words &quot;slum <br>area&quot; and the words &quot;blighted area&quot; as used in KRS 99.330 to 99.510 and KRS 99.520 to <br>99.590, except in this section and in the definitions in subsections (1) and (2) of KRS <br>99.340, shall mean &quot;blighted, deteriorated, or deteriorating area,&quot; and the finding <br>prescribed in KRS 99.370 with respect to a slum area or blighted area shall not be <br>required; Provided further That any disaster area, referred to in KRS 99.530, shall <br>constitute a &quot;blighted area&quot;; and Provided further That this section shall not change the <br>corporate name of the agency or amend any section of KRS 99.330 to 99.510. In addition <br>to the surveys and plans which an agency is otherwise authorized to make, an agency is <br>hereby specifically authorized to make (1) plans for carrying out a program of voluntary <br>repair and rehabilitation of buildings and improvements, (2) plans for the enforcement of <br>laws, codes, and regulations relating to the use of lands and the use and occupancy of <br>buildings and improvements, and to the compulsory repair, rehabilitation, demolition, or <br>removal of buildings and improvements, (3) plans for the relocation of persons, including <br>families, business concerns and others, displaced by an urban renewal project, (4) <br>preliminary plans outlining urban renewal activities for neighborhoods to embrace two <br>(2) or more urban renewal areas, and (5) preliminary surveys to determine if the <br>undertaking and carrying out of an urban renewal project are feasible. The agency is <br>authorized to make relocation payments to or with respect to persons, including families, <br>business concerns and others, displaced by an urban renewal project, for moving expenses <br>and losses of property for which reimbursement or compensation is not otherwise made, <br>including the making of such payments financed by the federal government. The agency <br>also is authorized to develop, test, and report methods and techniques, and carry out <br>demonstrations and other activities, for the prevention and the elimination of slums and <br>urban blight. Effective: June 19, 1958 <br>History: Amended 1958 Ky. Acts ch. 159, sec. 10, effective June 19, 1958. -- Created 1956 Ky. Acts ch. 215, sec. 4.