Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute the Certificate of Consideration and any other documents necessary, and to accept Deeds, for property located at 277 Lafayette Pkwy., 283 Lafayette Pkwy. and 1856 Clays Mill Rd., for the acquisition and demolition required for the Hazard Mitigation Grant Program, at a cost not to exceed $500,000. [Div. of Grants and Special Programs/Div. of Environmental Policy and Public Works, Gooding/Holmes]
Summary
Authorization to accept deeds for fee simple acquisition of three properties required for the Hazard Mitigation Grant Program for the Lafayette/Southbend Area in an amount not to exceed $500,000. The purchase of this property is due to repeated flooding over the past 25 years. Federal regulations dictate the procedures for property acquisition. Funds are budgeted. (L0401-15)(Gooding/Holmes)
Budgetary Implications [select]: YES
Advance Document Review:
Law: NO
Risk Management: NO
Fully Budgeted [select]: YES
Account Number: 3200-303204-3334-92211
This Fiscal Year Impact: $500,000
Annual Impact: $
Project: HMGP_LAFAY_2015
Activity: MS_GRANT
Budget Reference: 2015
Current Balance: $738,590.00
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 the certificate of consideration and any other documents necessary, and to accept deeds, for property located at 277 Lafayette Parkway, 283 Lafayette Parkway and 1856 Clays Mill Road, for the acquisition and demolition required for the Hazard Mitigation Grant Program.
Section 2 - That an amount, not to exceed the sum of $500,000.00, be and hereby is approved for payment to the property owners of 277 Lafayette Parkway, 283 Lafayette Parkway and 1856 Clays Mill Road from account # 3200 - 303204 - 92211, at the time of closing.
Section 3 - This Resolution shall become effective on the date of its passage.
PASSED BY THE URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
_____________________________
CLERK OF URBAN COUNTY COUNCIL