Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to 150 Northland Drive, LLC, for stormwater quality projects, at a cost not to exceed $19,950. [Div. of Water Quality, Martin]
Summary
Authorization to request approval of a FY17 (Class B Infrastructure) Stormwater Quality Projects Incentive Grant for 150 Northland Drive, LLC Grant funds in the amount of $19,950.00 will be used to conduct a feasibility study analyze BMP alternatives, develop costs and create a “Multi-family BMP Pattern Book. Funds are Budgeted. (L0361-17) (Martin/Hoskins-Squier)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Michael Cravens. Front end documents reviewed annually.
Risk Management: No
Fully Budgeted: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $19,950.00
Annual Impact: N/A
Project: WQINCENTIVE_17
Activity: WQ_GRANT
Budget Reference: 2017
Current Balance: $751,491.97
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 B (Infrastructure) Incentive Grant to 150 Northland Drive, LLC, for stormwater quality projects.
Section 2 - That an amount, not to exceed $19,950.00 be and hereby is approved for payment to 150 Northland Drive, LLC, 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