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File #: 0331-12    Version: 1 Name: LexMark Class B Feasibility Incentive Grant
Type: Resolution Status: Approved
File created: 3/28/2012 In control: Urban County Council
On agenda: 4/26/2012 Final action: 4/27/2012
Enactment date: 4/27/2012 Enactment #: R-198-2012
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Agreements awarding Class B Infrastructure (Construction Only) Incentive Grants for stormwater quality projects to the Living Arts and Science Center, Inc. ($60,440) and the Community Montessori School, Inc., ($360,160), and the Board of Education of Fayette County ($320,400), and awarding Class B Infrastructure (Feasibility) Incentive Grants to the Board of Education of Fayette County ($12,000) and Lexmark International, Inc. ($34,000), at a cost not to exceed the sums stated. [Div. of Water Quality, Martin]
Attachments: 1. Feasibility Grant_Lexmark International_Cover Letter.pdf, 2. Feasibility Grant_Lexmark International.pdf, 3. 00341822.pdf

Title

A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Agreements awarding Class B Infrastructure (Construction Only) Incentive Grants for stormwater quality projects to the Living Arts and Science Center, Inc. ($60,440) and the Community Montessori School, Inc., ($360,160), and the Board of Education of Fayette County ($320,400), and awarding Class B Infrastructure (Feasibility) Incentive Grants to the Board of Education of Fayette County ($12,000) and Lexmark International, Inc. ($34,000), at a cost not to exceed the sums stated. [Div. of Water Quality, Martin]

Summary

Authorization to execute a Class B Infrastructure Incentive Grant Award Agreement with Lexmark International, Inc. to perform a stormwater quality project funded by the Water Quality Management Fee.   (L331-12) (Martin/Moloney)

This is a request to execute a Class B Infrastructure (Feasibility) Incentive Grant Award Agreement with Lexmark International, Inc. at a cost not to exceed $34,000 to perform a stormwater quality project. A minimum match in the amount of $11,333 is required by the grant recipient. Funds are budgeted.

 

Budgetary Implications: Yes

Advance Document Review: Law/Risk Management

Fully Budgeted: Yes

Account Number:                     4051-303204-3373-78112

This Fiscal Year Impact:                     $34,000

Annual Impact:                      NA

Project:

Activity:

Budget Reference:

Current Balance: 843,964.90

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 to execute the agreements, which are attached hereto and incorporated herein by reference, awarding Class B  Infrastructure (Construction Only) Grants for stormwater quality projects to the Living Arts and Science Center, Inc., the Community Montessori School, Inc. and the Board of Education of Fayette County, and awarding Class B Infrastructure (Feasibility) Incentive Grants to the Board of Education of Fayette County, and Lexmark International, Inc.

                     Section 2 - That an amount, not to exceed the sums stated, be and hereby is approved for payment to the Living Arts and Science Center, Inc. ($60,440.00), the Community Montessori School, Inc., ($360,160.00), the Board of Education of Fayette County ($320,400.00), the Board of Education of Fayette County ($12,000.00), and Lexmark International, Inc. ($34,000.00), from account #4051-303204-78112, pursuant to the terms of the agreements.

                     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

 

EWG:345-12:X:\Cases\WATER-AIR\10-LE0029\LEG\00341822.DOC