Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a certificate of consideration and other necessary documents, and to accept a deed for the property located at 500 Lisa Dr., for the Joyland Area Storm Drainage Project, at a cost not to exceed $50,000. [Div. of Water Quality, Martin]
Summary
Authorization to execute a fee simple total property acquisition, for the property located at 500 Lisa Drive, for the Joyland Area Storm Drainage Project, at a cost not to exceed $50,000.00. Funds are Budgeted. (L1065-20) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Yes, Completed by [Keith Horn, 10/28/20]}
Risk Management: {No}
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3334-92211
This Fiscal Year Impact: $50,000.00
Annual Impact: $
Project: JOYLAND_2021
Activity: CONSTRUCT
Budget Reference: 2021
Current Balance: $1,000,000.00
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 a certificate of consideration and other necessary documents, and to accept a deed for the property located at 500 Lisa Drive, for the Joyland Area Storm Drainage Project, at a cost not to exceed $50,000.00.
Section 2 - That an amount, not to exceed the sum of $50,000.00, be and hereby is approved for payment to the property owner, plus usual and appropriate closing costs, from account # 4052 - 303204 - 92211, at the time of closing.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
_____________________________
MAYOR