Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute and submit application to the Ky. Infrastructure Authority (KIA), and to provide any additional information requested in connection with the application, for a Low Interest State Revolving Fund Loan in the amount of $8,698,370, in order to provide funding for the North Elkhorn Wet Weather Storage Tank Consent Decree Remedial Measures project. [Div. of Water Quality, Martin]
Summary
Authorization to submit an assistance loan application to the Kentucky Infrastructure Authority (KIA) to provide funding for the North Elkhorn Wet Weather Storage Tank Consent Decree Remedial Measures project. The loan invitation is for $8,698,370.00. (L0775-25)(Martin/Albright)
Budgetary Implications [select]: No
Advance Document Review:
Law: Yes, Michael Cravens 8/14/25
Risk Management: No
Fully Budgeted [select]: N/A
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
Body
WHEREAS, LFUCG proposes to provide upgraded sanitary sewer service for industrial, institutional, commercial, and residential growth in the LFUCG service area; and
WHEREAS, under the terms of Title VI of the Water Quality Act of 1987 (Public Law 100-4) and amendments to KRS 224A, the State is authorized to render financial assistance to eligible project applicants by way of capitalization grants from the U.S. Environmental Protection Agency and State match funds comprising the Federally Assisted Wastewater Revolving Fund (State Revolving Loan Program) established to aid in the construction of wastewater treatment facilities improvements and certain related facilities with consideration for approval to be based on applications submitted through the Kentucky Energy and Environmental Cabinet and the Kentucky Infrastructure Authority; and
WHEREAS, the improvements proposed for construction by LFUCG are considered eligible for such loan assistance.
NOW, THEREFORE, 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 and submit an application through the Kentucky Energy and Environment Cabinet and the Kentucky Infrastructure Authority (KIA), with such assurances and required supporting data as is necessary to obtain loan assistance from the Federally Assisted Wastewater Revolving Fund (State Revolving Loan Program) for the proposed wastewater treatment facilities improvements, and to provide any additional information requested in connection with the application, for a low interest State Revolving Fund loan in the amount of $8,698,370.00 in order to provide funding for the North Elkhorn Wet Weather Storage Tank Consent Decree Remedial Measures Project, and is hereby further authorized to carry out necessary negotiations for and administer the loan assistance the applicant may obtain from the Federally Assisted Wastewater Revolving Fund (State Revolving Loan Program).
Section 2 – That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
MAYOR
ATTEST:
CLERK OF URBAN COUNTY COUNCIL
0775-25:JTH:4913-4574-5250, v. 1