Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Sales Contract, and any other necessary documents, with the Commonwealth of Ky., for the transfer of properties located at 139, 141-143, and 145-149 Main Street (The Pam Miller Downtown Arts Center), at a cost not to exceed $98,300, using funds awarded under the American Rescue Plan Act of 2021 (ARPA). [Dept. of General Services, Ford]
Summary
Authorization to execute a deed of conveyance, and any other necessary documents, transferring properties located at 139; 141 - 143; and 145 - 149 East Main Street (Pam Miller Downtown Arts Center) from the Commonwealth of Kentucky to LFUCG at a cost of $98,300.00. Funds are Budgeted as an approved LFUCG ARPA project. (L0640-22) (Ford)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Griffin Smith, 6/8/2022
Risk Management: No
Fully Budgeted: Yes
Account Number: 3230-707201-0001-91017
This Fiscal Year Impact: $0
Annual Impact: $98,300.00
Project: AR_PMDAC_2022
Activity: FED_GRANT
Budget Reference:
Current Balance: 2,500,000.00
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 and directed to execute a Sales Contract, which is attached hereto and incorporated herein by reference, with the Commonwealth of Kentucky, and any other necessary documents, for the transfer of properties located at 139, 141-143, and 145-149 East Main Street (the Pam Miller Downtown Arts Center) from the Commonwealth of Kentucky to the Lexington-Fayette Urban County Government.
Section 2 - That an amount, not to exceed $98,300.00, is hereby authorized for payment to the Commonwealth of Kentucky from account #3230-707201-91017.
Section 3 -- That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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