Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Memorandum of Understanding with Greer Land Co. Smyrna #2, LLC, requiring off-site mitigation on LFUCG-owned property as a condition of a floodplain variance on the property located at 1108 South Broadway. [Council Office, Maynard]
Summary
The purpose of this memorandum is to request approval of a Memorandum of Understanding (MOU) with Greer Land Co Smyrna #2, LLC regarding off-site mitigation on city-owned property for the redevelopment of 1108 S BRd.way.
Budgetary Implications [select]: NO
Advance Document Review:
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Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: N/A
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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 the Memorandum of Understanding, which is attached hereto and incorporated herein by reference, with Greer Land Co. Smyrna #2, LLC, requiring off-site mitigation on LFUCG-owned property as a condition of a floodplain variance on the property located at 1108 South BRd.way.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
0289-22:MSC:X:\Cases\ENVIROPOLICY\22-LE0003\LEG\00752416.DOCX