The acquisition of any lands for the purpose of developing industrial sites, parks and subdivisions is hereby declared to be a public and governmental function, exercised for a public purpose, and a matter of public necessity, and the lands and other property, easements and privileges acquired in the manner and for the purposes enumerated in KRS 154.50-316 to 154.50-340 shall and are hereby declared to be acquired and used for public and governmental purposes and as a matter of public necessity.
(2000 Code, § 2-59)