The parking authority may rent or lease to any individual, firm or corporation any portion of the premises established as an off-street parking facility for service concessions, commercial uses or otherwise, after first advertising for bids therefor by publication not less than once a week for two (2) consecutive weeks in a newspaper of general circulation in the city making two (2) publications in all.
History: Created 1976 Ky. Acts ch. 287, sec. 5.

Terms Used In Kentucky Statutes 94.835

  • City: includes town. See Kentucky Statutes 446.010
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

Legislative Research Commission Note (1982). A technical correction has been made in this section by the Reviser of Statutes pursuant to KRS § 7.136.