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 Waterford II Homeowners Association, Inc., for stormwater quality projects, at a cost not to exceed $16,132. [Div. of Water Quality, Martin]
Summary
Authorization to request approval of a FY19 (Class A) Stormwater Quality Projects Incentive Grant for Waterford II Homeowners Association, Inc. in the amount of $16,132.00. Grant funds will be used to support a feasibility study to evaluate options for future management of Waterford Pond. Grant has been approved. Funds are Budgeted. (L0031-19) (Martin)
Budgetary Implications: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $16,132.00
Annual Impact: $0.00
Project: WQINCENTIVE_19
Activity: WQ_GRANT
Budget Reference: 2019
Current Balance: $1,321,921.68
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 an agreement, which is attached hereto and incorporated herein by reference, awarding a Class A (Neighborhood) Incentive Grant to Waterford II Homeowners Association, Inc., for stormwater quality projects.
Section 2 - That an amount, not to exceed $16,132.00, be and hereby is approved for payment to Waterford II Homeowners Association, Inc., 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: