Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute the Real Estate Exchange Agreement, and any necessary documents, with Board of Education of Fayette County to authorize a land swap to obtain a parcel for the Citation Boulevard Phase IIIA Project, and to accept deeds resulting therefrom, at a cost not to exceed $122,265, plus an estimated $294,946 for a school bus lane if bid in 2025 with annual increases if bid thereafter. [Div. of Engineering, Burton]
Summary
Authorization to enter into a Real Estate Exchange Agreement with Fayette County Public Schools (FCPS) for the necessary right-of-way to extend Winburn Drive to Citation Boulevard. The Agreement will facilitate LFUCG taking legal title to a parcel of land containing a total of 38,839 square feet, currently a part of the Winburn Middle School site. FCPS shall take legal title to a parcel of land containing 4.0 acres of which is currently part of Martin Luther King Jr. Park and a cash payment of $122,265. FCPS will also receive funds to construct a new bus lane at Winburn Middle School in the amount of $294,946. At a total cost of $417,211 Funds are Budgeted. (L0758-25)(Burton/Albright)
Budgetary Implications: Y
Advance Document Review: Y
Law: Evan P. Thompson, August 8, 2025
Risk Management: No
Fully Budgeted: Yes
Account Number: 2610-303202-3251-91715
This Fiscal Year Impact: $417,211.00
Annual Impact: as directed by Agreement
Project: CITWINBURN_2020
Activity: ENG_ROW
Budget Reference: 2020
Current Balance: $880,618.70
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 Real Estate Exchange Agreement, which is attached hereto and incorporated herein by reference, and any necessary documents, with Board of Education of Fayette County, to authorize a land swap to ob...
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