Kentucky Revised Statutes Title IX. Counties, Cities, and Other Local Units § 99.620.Creation of development authority

There is hereby authorized, created, and established in cities as defined in KRS 99.615, upon adoption of a resolution so declaring by a majority of the governing board of said cities, an agency to be known by the name of the city, and the words “Development Authority.” Said agency shall exist for each such city with the powers, duties, and functions hereinafter provided.