Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute 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 $950,000 of Federal funds awarded under the American Rescue Plan Act (ARPA) to construct five (5) units of housing and to provide housing and supportive services to individuals and households who are homeless, at risk of homelessness, or other vulnerable populations, and further authorizing the Mayor to execute any amendments related to this Agreement. [Div. of Grants and Special Programs, Reynolds]
Summary
Authorization to execute an Agreement with Davis Park Station LLLP. in the amount of $950,000 in Federal funds from the American Rescue Plan Act under the U.S. Department of Housing and Urban Development HOME Investment Partnerships Program to construct five (5) units to provide housing and supportive services to individuals and households who are homeless, at risk of homelessness, and other vulnerable populations. (L0724-23) (Reynolds/Lanter)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 9/20/2023
Risk Management: N/A
Fully Budgeted: Budget amendment 12561 is in process
Account Number: 3120-900271-0001-71101
This Fiscal Year Impact: $ 950,000
Annual Impact: $0
Project: AR_HOME_2022
Activity: FED_GRANT
Budget Reference: 2022
Current Balance: BA 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 execute 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 $950,000.00 of Federal funds awarded under the American Rescue Plan Act (ARPA) to construct five (5) units of housing and provide housing and supportive services to individuals and households who are homeless, at risk of homelessness, or other vulnerable populations.
Section 2 -- That the Mayor, on behalf of the Urban County Government, is further authored to execute any necessary amendments related to this 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
0724-23:BGS:X:\Cases\COMDEV\23-LE0001\LEG\00796437.DOCX