183.137 Contracts for use of airport -- Expenditures for airport. (1) The board may contract with any person or governmental agency for the use of the airport. Such contract shall not prevent, restrict or hamper the general use of the airport by the public. (2) All unpledged or surplus revenue derived from use of the airport shall be first applied to the maintenance of the airport. A governmental unit may expend funds for this purpose out of its general funds or any other available funds. (3) Any airport board is excused, under any contract or lease, from accepting performanc e from or rendering performance to an entity other than the entity with which it originally entered into the contract or lease, unless the airport board has specifically consented to the assignment and assumption of the contract or lease to the new party f ollowing review of such factors as the airport board deems appropriate, including the impact of the assignment upon airport safety and security. Effective: July 13, 2004 History: Amended 2004 Ky. Acts ch. 83, sec. 1, effective July 13, 2004. -- Created 1960 Ky. Acts ch. 179, sec. 37.
Kentucky Legal Code