Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a two-year Agreement with AmeriNational Community Services, Inc., for loan servicing for the HOME and CDBG Housing Rehabilitation and Homeownership Programs, at a cost not to exceed $71,700. [Div. of Grants and Special Programs/Office of the Chief Administrative Officer, Gooding/Hamilton]
Summary
Authorization to execute Agreement with AmeriNational Community Services, Inc., for loan servicing for the HOME and CDBG housing rehabilitation and homeownership programs operated by the Division of Grants and Special Programs for the period of July 1, 2016 through June 30, 2018. The cost for Fiscal Year 2017 is estimated at $71,700.00. Funds are Budgeted. (L0684-16) (Gooding/Hamilton)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Melissa Murphy, 05/31/2016
Fully Budgeted: Yes
Account Number: 3120-160201-0001-71299
This Fiscal Year Impact: FY 2017 $71,700.00
Annual Impact: $
Project: CDBG_2015
CDBG_2016
HOME_2015
HOME_2016
Activity: C21A
C21A
H05
H05
Budget Reference: 2015
2016
Current Balance: Fully Budgeted
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 the two-year Agreement, which is attached hereto and incorporated herein by reference, with AmeriNational Community Services, Inc., for loan servicing for the HOME and CDBG housing rehabilitation and homeownership programs.
Section 2 - That an amount, not to exceed the sum of $71,700.00, be and hereby is approved for payment to AmeriNational Community Services, Inc., from account #3120-160201-71299, pursuant to the terms of the 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