Any local government establishing a neighborhood redevelopment zone shall establish a program for granting property assessment or reassessment moratoriums pursuant to KRS
99.595 to 99.605. Any residential building located within the neighborhood redevelopment zone shall be eligible for a property assessment moratorium certificate if such building is repaired, restored, rehabilitated or stabilized in accordance with the provisions of KRS § 99.595 to KRS § 99.605.

Terms Used In Kentucky Statutes 99A.050

  • Local government: means a county, city, consolidated local government, or urban- county. See Kentucky Statutes 99A.010
  • Residential building: means a building in which sleeping accommodations or sleeping accommodations and cooking facilities as a unit are provided except when classified as an institution under the Kentucky Building Code. See Kentucky Statutes 99A.010

Effective: July 13, 1984
History: Created 1984 Ky. Acts ch. 174, sec. 6, effective July 13, 1984.