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Fiscal Court approves purchase authorization for 2494 Lexington Road; awards due‑diligence bid to prepare site work
Summary
Madison County authorized a purchase agreement for the 2494 Lexington Road (Car Acres) property with contingencies and gave staff authority to assign the agreement to the Central Kentucky Business Park Authority. The court also approved a due‑diligence bid award to Bayer Becker and Spencer Land Surveying to evaluate the site.
The Madison County Fiscal Court approved a resolution on May 13 authorizing terms and contingencies for a purchase agreement for 2494 Lexington Road (referred to in county materials as the Car Acres property) in Richmond, with authority to assign the agreement to the Central Kentucky Business Park Authority if parties agree.
The resolution authorizes the judge executive to complete the purchase agreement subject to standard contingencies including favorable due diligence,…
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