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 Opera House Square Townhouses Corp., for stormwater quality projects, at a cost not to exceed $100,000. [Div. of Water Quality, Martin]
Summary
Authorization to approve a FY19 (Class A Neighborhood) Stormwater Quality Projects Incentive Grant for Opera House Square Townhomes Corporation in the amount of $100,000.00. The main goal of the project is to mitigate concerns of pooling and ponding of water in the parking lot and sidewalk area at the Opera House Square Townhomes. Funds are Budgeted. (L0430-19) (Martin/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: N/A
Risk Management: N/A
Fully Budgeted: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $100,000.00
Annual Impact: None
Project: WQINCENTIVE_19
Activity: WQ_GRANT
Budget Reference:
Current Balance: $867,791.68
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 Opera House Square Townhouses Corporation, for stormwater quality projects.
Section 2 - That an amount, not to exceed $100,000.00, be and hereby is approved for payment to Opera House Square Townhouses 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