Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Grant Agreement with Town Branch Park, Inc. d/b/a Gatton Park on the Town Branch and the Lexington Center Corporation, for a stormwater quality project, at a cost not to exceed $383,000. [Div. of Water Quality, Martin]
Summary
Authorization to execute a Grant Award Agreement with Town Branch Park, Inc., DBA Gatton Park, and the Lexington Center Corporation for the purpose of repairing portions of dry-stacked stone walls under Cox Street and Oliver Lewis Way, due to deterioration, in the amount of $383,000. Budget amendment in process. (L0981-24) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Evan Thompson, September 19, 2024
Risk Management: No
Fully Budgeted [select]: BA 13282 in process
Account Number: 4051-303204-3321-71299
This Fiscal Year Impact: $383.000.00
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: BA 13282 in process
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 a Grant Agreement, which is attached hereto and incorporated herein by reference, with Town Branch Park, Inc. d/b/a Gatton Park on the Town Branch and the Lexington Center Corporation, for a stormwater quality project.
Section 2 - That an amount, not to exceed $383,000.00, be and hereby is approved for payment to Town Branch Park, Inc. d/b/a Gatton Park on the Town Branch, from account # 4051-303204-3321-71299, pursuant to the terms of the Agreement, and subject to approval of a pending budget amendment.
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
0981-24:EPT:4860-3816-9837, v. 1