Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Certificate of Consideration and to accept a Deed of Easement from Central Bank & Trust Co. for property located at 256 Southland Dr., for the installation of a traffic signal pole for the Southland Dr./Regency Rd. Traffic Signal Rebuild Project, and authorizing payment to Central Bank & Trust Co., in an amount not to exceed $350. [Div. of Traffic Engineering/Dept. of Environmental Quality & Public Works, Hoskins-Squier/Holmes,
Summary
Authorization to accept a deed of easement at 256 Southland Drive from Central Bank for the installation of a traffic signal pole for the Southland/Regency Traffic Signal Rebuild Project. (L0906-14)(Hoskins-Squier/Holmes)
This is a request to accept a deed of easement at 256 Southland Drive from Central Bank for the installation of a traffic signal pole for the Southland/Regency Traffic Signal Rebuild Project at a cost not to exceed $350.00. Funds are budgeted.
Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number: 2603-303602-3603-91611
This Fiscal Year Impact: $ 350.00
Annual Impact: $
Project: TRAFSIG_UP_2014
Activity: TRAFFICSIG
Budget Reference: 2014
Current Balance: $128,302.95
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 to accept a Deed of Easement from Central Bank & Trust Co., for property located at 256 Southland Drive, for the installation of a traffic signal pole for the Southland Drive/Regency Road Traffic Signal Rebuild Project.
Section 2 - That an amount, not to exceed the sum of $350.00, be and hereby is approved for payment to Central Bank & Trust Co., from account # 2603 - 303602 - 91611.
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