Old Frankfort Pike Quarry Lease

At a glance

• What: Proposed lease to Vulcan Construction Materials, LLC to extract stone aggregate from beneath city property on Old Frankfort Pike: a 10-year term with three 10-year renewals, a 5.00 percent royalty on the average sale price per ton, and a minimum annual royalty of $100,000 for the first two years.
• Where it stands: Sent to the Environmental Quality and Public Works Committee instead of the docket on October 6, 2026, by majority vote with one no.
• Next: Committee review; no date is set in the records read.

Action (October 6, 2026 work session)

• Administrative item L0828-26, no cost to the city.
• Council Member Reynolds moved to refer it to the Environmental Quality and Public Works Committee, seconded by Council Member Beasley. Passed by majority; Council Member Brown voted no. The minutes do not record the discussion.

Sources

• Council work session minutes, October 6, 2026: https://lexington.legistar.com/View.ashx?M=M&ID=1352628&GUID=8AA7FC62-379B-4B48-AEDD-1B6DD683980D

Log

2026-10-06 - Urban County Council Work Session

Referred to the Environmental Quality and Public Works Committee; Brown opposed.