Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Certificates of Consideration and other necessary documents, and to accept deeds for property interests needed for the Coolavin and Hope Center Rail Trail Sections of the Legacy Trail, at a cost not to exceed $30,000. [Div. of Engineering, Frazier]
Summary
Authorization for the acceptance of deeds of easement from the owners of record for the Coolavin & Hope Center Rail Trail Sections of the Legacy Trail. These easements are needed in order to continue the extension of this rail trail from the YMCA at W. Loudon to W. Fifth Street and Jefferson. (L0410-14)(Frazier/Paulsen)
This is a request to authorize the acceptance of deeds of easement from the owners of record for the Coolavin & Hope Center Rail Trail Sections of the Legacy Trail. These easements are needed in order to continue the extension of this rail trail from the YMCA at W. Loudon to W. Fifth Street and Jefferson. Cost not to exceed $30,000. Funds are budgeted.
Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number: 1105-707601-7211-90313
This Fiscal Year Impact: $ 30,000.00
Annual Impact: $
Project: LEGACY_TRL_2014
Activity: COUNCIL
Budget Reference: 2014
Current Balance: $580,000.00
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 execute Certificates of Consideration and other necessary documents, and to accept deeds for property interests needed for the Coolavin and Hope Center Rail Trail Sections of the Legacy Trail.
Section 2 - That an amount, not to exceed the sum of $30,000.00, be and hereby is approved for payment to property owners, plus usual and appropriate closing costs, all from account # 1105-707601-90313 at the time of closing.
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