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Frankfort Board authorizes settlement of litigation with Old Y, LLC after executive session
Summary
Following a closed executive session on litigation, the Board authorized settlement of all current claims with Old Y, LLC in accordance with a Jan. 21, 2026 letter from the Old Y owners; the vote was recorded 4–0 in favor with Mayor Wilkerson absent for the vote.
After convening an executive session on Jan. 26 to discuss litigation under KRS 61.810(1)(c), the Frankfort Board of Commissioners returned to open session and authorized settlement of all current litigation and claims with Old Y, LLC in accordance with terms set out in a Jan. 21, 2026 letter from the Old Y owners.
Commissioner Leesa Unger moved the settlement motion; Commissioner Kelly May seconded. The recorded roll-call vote listed Commissioners Richardson, Unger, May and Smith-Willis as voting in favor (4–0). The minutes note Mayor Layne Wilkerson left City Hall at 6:39 p.m. and did not attend the Old Y executive session; he was not recorded on the subsequent settlement vote.
The minutes do not include the settlement amount, specific terms, or a copy of the Jan. 21 letter; those details were described as the basis for the motion but are not printed in the meeting record. The Board authorized the Mayor or his designee to sign all related documents.
Next steps: Execution of settlement documents and any related public records or contract filings will be handled by the City Attorney and designated signatory once the documents are finalized.
