Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept deeds of easement and to execute any documents necessary for the acquisition of right-of-way, to facilitate construction of Zone 1 of the Town Branch Commons Project, at a cost not to exceed $886,175. [Div. of Engineering, Burton]
Summary
Authorization to enact a Resolution for the acquisition of right of way, easements, and related costs and to accept deeds and easements of right of way acquisition to facilitate the construction of Town Branch Commons Zone 1. This Fiscal Year impact is $886,175. Funds are Budgeted. (L0580-18) (Burton/Paulsen)
Budgetary Implications : Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact: $886,175.00
Annual Impact: $0.00
Project: TOWN_COM_2016
Activity: ROW
Budget Reference: 2016
Current Balance:$886,175
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to accept deeds of easement and to execute any documents necessary for the acquisition of right-of-way, to facilitate construction of Zone 1 of the Town Branch Commons Project.
Section 2 - That an amount, not to exceed the sum of $886,175.00, be and hereby is approved as project authorization funds for Zone 1 of the Town Branch Commons Project, from account #3160-303202-90313.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL