Statement of Assurance
KRS 42.355 Examination and approval of projects, grants, administration, condition
Capital projects in area development districts require written assurances by beneficiary agencies. KRS 42.355 requires that the written assurance must be lodged and recorded in the county clerk's office where the proposed project is located.
The document must have:
- Granting party
- Recipient (Area Development District)
- Return mail address (KRS 382.240)
- Preparation Statement (KRS 382.335)
The grantee must sign the document and signature must be acknowledged.