Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class A (Neighborhood) Incentive Grant to NoLi CDC Corp., for stormwater quality projects, at a cost not to exceed $80,588.50. [Div. of Water Quality, Martin]
Summary
Authorization to execute an agreement awarding a Class A (Neighborhood) Stormwater Quality Projects Incentive Grant to NoLi CDC Corporation, at a total cost not to exceed $80,588.50. (Martin/Holmes)
This is a request to execute an agreement awarding a Class A (Neighborhood) Stormwater Quality Projects Incentive Grant to NoLi CDC Corporation, at a total cost not to exceed $80,588.50. Funds are budgeted.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: YES
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $80,588.50
Annual Impact:
Project: WQINCENTIVE_15
Activity: WQ_GRANT
Budget Reference: 2015
Current Balance: $1,200,000
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 the agreement, which is attached hereto and incorporated herein by reference, awarding a Class A (Neighborhood) Incentive Grant to NoLi CDC Corporation, for Stormwater Quality Projects.
Section 2 - That an amount, not to exceed $80,588.50, be and hereby is approved for payment to NoLi CDC Corporation, from account # 4052 - 303204 - 78112, pursuant to the terms of the agreement.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
_________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL