Title
A Resolution declaring the property located at 2002 Family Circle as surplus and authorizing the Mayor, on behalf of the Lexington-Fayette Urban County Government, to execute a deed and any necessary documents for the transfer of the property located at 2002 Family Circle to Liberty Station, LLC. [Dept. of General Services, Ford]
Summary
Authorization to declare LFUCG property located at 2002 Family Circle as surplus property, and to convey ownership of the property to Liberty Station, LLC. The parcel located at 2002 Family Circle is approx. 0.52 acres and is referenced in the LFUCG Vacant Land & Greenspace Inventory as ID# 1710. Transferring ownership will reduce landscaping maintenance costs to LFUCG. LFUCG agrees to transfer ownership of the property at the cost of $1.00. (L0306-26)(Ford)
Budgetary Implications: No
Advance Document Review:
Law: Yes, Completed by Evan Thompson, April 6, 2026
Risk Management: No
Fully Budgeted: NA
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the property located at 2002 Family Circle was obtained for greenspace and water retention purposes, which will remain upon transfer. Disposition of this property shall reduce landscaping maintenance costs to the urban county government.
Section 2 - That the property located at 2002 Family Circle is hereby declared to be surplus property.
Section 3 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute a deed and any necessary documents for the transfer of the property located at 2002 Family Circle to Liberty Station, LLC, for economic development purposes.
Section 4 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
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