Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a certificate of consideration and any other necessary documents, and to accept a deed for the real property located at 622 Silverleaf Ct. as part of the Silverleaf Ct. Stormwater Improvements Project, at a cost not to exceed $165,000, plus usual and appropriate closing costs. [Div. of Water Quality, Martin]
Summary
Authorization for acceptance of deeds, for the acquisition of 622 Silverleaf Court for the purchase price of $165,000.00 plus usual and appropriate closing costs. The purpose of this acquisition is to mitigate home flooding. Funds are Budgeted. (L0452-20) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Yes, Completed by [Chad Edwards, 4/29/20]}
Risk Management: {No}
Fully Budgeted [select]: No, Budget Amendment (10633) in Process
Account Number: 4052-303204-3334-92211
This Fiscal Year Impact: $165,000.00
Annual Impact: $
Project: SILVERLEAF_2020
Activity: CONSTRUCT
Budget Reference: 2020
Current Balance: BA in process
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 to execute a certificate of consideration and any other necessary documents, and to accept a deed for the real property located at 622 Silverleaf Court as part of the Silverleaf Court Stormwater Improvements Project.
Section 2 - That an amount, not to exceed the sum of $165,000.00, be and hereby is approved for payment to the property owner(s), plus usual and appropriate closing costs, from account # 4052-303204-3334-92211.
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
0452-20:CEE:X:\Cases\WATER-AIR\20-LE0002\LEG\00685027.DOCX