Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Amendment to an Agreement, the final form of which is subject to the approval of the Dept. of Law and the Div. of Grants and Special Programs, with Davis Park Station Limited Liability Limited Partnership, under the HOME Investment Partnerships Program, to allocate an additional $277,576 of Federal funds awarded under the American Rescue Plan Act (ARPA), pending approval of any necessary Budget amendments, to provide housing and supportive services to individuals and households who are homeless, at risk of homelessness, or other vulnerable populations at Davis Park Station, and further authorizing the Mayor to execute any other documents related to this amendment. [Div. of Grants and Special Programs, Reynolds]
Summary
Authorization to execute an Amendment to the Agreement with Davis Park Station Limited Liability Limited Partnership to increase the Budget by $277,576 in Federal funds from the American Rescue Plan Act under the U.S. Department of Housing and Urban Development HOME Investment Partnerships Program to provide supportive services to individuals and households in the HOME-assisted units constructed at Davis Park Station. (L0882-24) (Reynolds/Lanter)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 8/28/2024
Risk Management: N/A
Fully Budgeted: Budget amendment is in process.
Account Number: 3120-900272-0001-71101
This Fiscal Year Impact: $277,576
Annual Impact: $0
Project: AR_HOME_2022
Activity: FED_GRANT
Budget Reference: 2022
Current Balance:
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 execute an Amendment to an Agreement, the final form of which is subject to the approval of the Department of Law and the Division of Grants and Special Programs, with Davis Park Station Limited Liability Limited Partnership, under the HOME Investment Partnerships Program, to allocate an additional $277,576.00 of Federal funds awarded under the American Rescue Plan Act (ARPA), pending approval of any necessary Budget amendments, to provide housing and supportive services to individuals and households who are homeless, at risk of homelessness, or other vulnerable populations at Davis Park Station.
Section 2 -- That the Mayor, on behalf of the Urban County Government, is further authored to execute any other documents related to this 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
0882-24 BS:Grants:4877-3247-3058, v. 2