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 from owners of record, for property interests needed for stormwater improvements at 827 Lane Allen Rd. and 1900 Garden Springs Dr., a Remedial Measures Project required by the Consent Decree, at a cost not to exceed $223,400. [Div. of Water Quality, Martin]
Summary
Authorization of the fee simple partial property acquisition of approximately 2.16 acres on 827 Lane Allen Rd. and 3.15 acres on 1900 Garden Springs Dr. for the Allendale Drive Stormwater Project. The cost of this acquisition is $223,400.00 excluding typical closing costs and recording fees. Funds are Budgeted. (L1040-23) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Michael Cravens 10/4/2023
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3334-92211
This Fiscal Year Impact: $223,400.00
Annual Impact: $
Project: WR_SOUTHLAND
Activity: CONSENT_DE
Budget Reference:
Current Balance: $319,601.40
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 needed for stormwater improvements at 827 Lane Allen Road and 1900 Garden Springs Drive, a Remedial Measures Project required by the Consent Decree.
Section 2 - That an amount, not to exceed the sum of $223,400.00, be and hereby is approved for payment to property owners, plus usual and appropriate closing costs, all from account # 4052-303204-3334-92211, at the time of closing.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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