Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept a Grant from the Ky. Div. of Emergency Management, which Grant funds are in the amount of $555,630 Federal funds, and $88,901 Commonwealth of Ky. funds, are for purchase and demolition of four residential properties on Lone Oak Dr., Clays Mill Rd., and Lafayette Pkwy., the acceptance of which obligates the Urban County Government for the expenditure of $96,309 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs/Dept. of Environmental Quality and Public Works, Gooding/Martin]
Summary
Authorization to accept award of federal funds from the Kentucky Division of Emergency Management under the Federal Emergency Management Agency's Hazard Mitigation Grant Program for the purchase and demolition of four residential units in the Lafayette/Southbend Area. (L0557-14) (Gooding/Martin)
This is a request to accept award of federal funds from the Kentucky Division of Emergency Management under the Federal Emergency Management Agency's Hazard Mitigation Grant Program in the amount of $644,531 for the purchase and demolition of four residential units in the Lafayette/Southbend Area. A 13% local match of $96,309 is required. Budget amendment is in process.
Budgetary Implications: yes
Advance Document Review: Law/Risk Management
Fully Budgeted: FY 2015 Budget Amendment in Process
Account Number:
This Fiscal Year Impact:
Annual Impact: $740,840
Project:
Activity:
Budget Reference:
Current Balance: FY 2015 Budget Amendment 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 and directed to accept a Grant from the Division of Emergency Management, which Grant funds are in the amount of $555,630.00 Federal funds, and $88,901.00 Commonwealth of Kentucky funds, are for purchase and demolition of four residential properties on Lone Oak Drive, Clays Mill Road, and Lafayette Parkway, and the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $96,309.00 as a local match.
Section 2 - That subject to the provisions of Ordinance No. 22-79, the Mayor is hereby authorized, in his discretion as Chief Executive Officer of the Urban County Government, to transfer the unencumbered balance of any operating or capital account appropriation to another operating or capital account appropriation within the Grant budget established herein.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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MAYOR
ATTEST:
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CLERK OF URBAN COUNTY COUNCIL