(1) Any city of the first class may, if the necessary ground is conveyed to the city without cost and free of all liens and encumbrances, erect law school buildings, with necessary appurtenances, for the purpose of supplying the municipal university of the city with adequate buildings necessary to carry out its powers and duties. The city shall proceed under the provisions of KRS 162.160 to 162.280. When so applied, KRS 162.160 to 162.280 shall be so read that: (a) "School building" means "law school building." (b) "Board of education of the school district" means "board of trustees of the municipal university." (c) "KRS 162.150 to 162.280" means "KRS 165.150." (d) "From the public works administration or other agency of the federal government," in KRS 162.170, is replaced by "secured by a lien on the revenues derived from the building." (e) "Thirty (30) years," in KRS 162.180, means "fifty (50) years." (f) "KRS 162.150," in KRS 162.160 and 162.170, means "KRS 165.150." (g) "And to the Superintendent of Public In struction," in KRS 162.160, is omitted. (h) The period of the lease contemplated by KRS 162.160 shall not exceed a maximum of fifty (50) years, and the insurance required in the lease shall at least equal the value of the improvements. (2) This section cre ates an additional and alternate method for the erecting of law school buildings for municipal universities in cities of the first class, and does not affect any other statute. No proceedings shall be required for the erection of any law school building un der this section or the issuance of bonds therefor except those prescribed by this section.
‹ Prev All Kentucky sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.