Title
A Resolution authorizing the Mayor, or her designee, on behalf of the Urban County Government, to execute a Memorandum of Understanding with the Commonwealth of Ky., by and through the University of Ky., the final form of which shall be subject to the approval of the Dept. of Law, for the new Police Training Academy Project at Coldstream Research Campus, at a total cost not to exceed $437,850, and further authorizing the Mayor, or her designee, to execute all other necessary and related documents, and authorizing other necessary actions related to the property; authorizing the Urban County Government to appropriate $437,850 for improvements at Legacy Business Park; and further authorizing the Urban County Government to make payment to Cushman & Wakefield, U.S., Inc. in an amount not to exceed $52,542. [Dept. of General Services, Ford]
Summary
Authorization to execute a Memorandum of Understanding between Lexington Fayette Urban County Government and the University of Kentucky, for the new Police Training Academy project at Coldstream Research Campus at a cost of $928,242. The property is a vacant land tract consisting of 4.17 acres at 1785 McGrathiana Parkway. Funds are Budgeted. (L0368-26)(Ford)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Tiffany Hoiskey, May 5, 2026
Risk Management: No
Fully Budgeted: Yes
Account Number: 1105-707101-0001-90111
This Fiscal Year Impact: $928,242
Annual Impact: $
Project: PS_LAND_2025
Activity: LAND_ACQUI
Budget Reference: 2026
Current Balance: $4,500,000.00
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, or her designee, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute a Memorandum of Understanding with the Commonwealth of Kentucky, by and through the University of Kentucky, a draft of which is attached hereto and incorporated herein by reference, the final form of which...
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