Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Certificates of Consideration and any other necessary documents, and to accept Deeds for properties located at 1602 and 1618 Ft. Sumter Dr. and 1665 Gayle Dr. for the Ft. Sumter Dr. Stormwater Improvements Project, at a cost not to exceed $585,000. [Div. of Water Quality, Martin]
Summary
Authorization to execute deed and other necessary documents for the sale and transfer of three properties located at 1602 and 1618 Ft Sumter Drive and 1665 Gayle Drive. The purpose of this project is to mitigate home flooding in the Fort Sumter Drive Area. The cost will be $585,000.00. Funds are fully budgeted. (L1264-15)(Martin/Holmes)
Budgetary Implications: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted: Yes
Account Number: 4052-303204-3334-92211
This Fiscal Year Impact: $585,000.00
Annual Impact: $
Project: FTSUMTER_2016
Activity: CONSTRUCT
Budget Reference: 2016
Current Balance: $ 656,785.00
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 any other necessary documents, and to accept deeds for properties located at 1602 and 1618 Ft. Sumter Drive and 1665 Gayle Drive for Phase 2 of the Ft. Sumter Dr. Stormwater Improvements Project.
Section 2 - That an amount, not to exceed the sum of $585,000.00, be and hereby is approved for payment to property owners, plus usual and appropriate closing costs, all from account # 4051-303204-92211 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