Title
A Resolution authorizing 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 located at 299 Southland Dr., needed for Brownfield Remediation and future sanitary sewer conveyance and stormwater management purposes, at a cost not to exceed $275,000. [Div. of Water Quality, Martin]
Summary
Authorization for the acquisition of approximately .35 acres on 299 Southland Drive, at a cost of $275,000.00, excluding typical closing costs and recording fees, to allow demolition of a building that chronically floods. Funds are Budgeted. (L0441-23) (Martin/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Evan Thompson 04/19/2023
Risk Management: No
Fully Budgeted: Yes
Account Number: 3230- 303204- 3334- 92211
This Fiscal Year Impact: $275,000.00
Annual Impact: $
Project: BROWNFLDS_2023
Activity: FED_GRANT
Budget Reference: 2023
Current Balance: $2,955,383.00
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 to execute certificates of consideration and other necessary documents, and to accept deeds from owners of record for property interests located at 299 Southland Drive, needed for brownfield remediation and future sanitary sewer conveyance and stormwater management purposes, at a cost not to exceed $275,000.00.
Section 2 - That an amount, not to exceed the sum of $275,000.00, be and hereby is approved for payment to property owners, plus usual and appropriate closing costs, from account # 3230 - 303204 - 3334 - 92211, 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
0441-23:EPT:X:\Cases\WATER-AIR\23-LE0001\LEG\00781846.DOCX