Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Conditional Commitment Letter and Agreement with the Ky. Infrastructure Authority to accept an award of $2,955,383 in Federal funds under the Ky. Cleaner Water Round 2 Grant (American Rescue Plan Act Funds), for the acquisition and remediation of the parcel located at 299 Southland Dr., the acceptance of which does not obligate the Urban County Government to the expenditure of funds, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Water Quality, Martin]
Summary
Authorization to execute a Conditional Commitment Letter and a Final Assistance Agreement accepting the award of federal funding from the Kentucky Cleaner Water Round 2 Grant (American Rescue Plan Act funds) in the amount of $2,955,383 for the acquisition and remediation of the parcel located at 299 Southland Drive. No matching funds required. (L0104-23) (Martin/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 1/24/2023
Risk Management: N/A
Fully Budgeted: Budget amendment is in process.
Account Number: 3230-303204-3334-92211
This Fiscal Year Impact: $2,955,383
Annual Impact: $0
Project: BROWNFLDS_2023
Activity: FED_GRANT
Budget Reference: 2023
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 a conditional commitment letter and an Agreement with the Kentucky Infrastructure Authority, which are attached hereto and incorporated herein by reference, to accept $2,955,383.00 in Federal funds under the Kentucky Cleaner Water Round 2 Grant (American Rescue Plan Act funds), for the acquisition and remediation of the parcel located at 299 Southland Drive, the acceptance of which does not obligate the...
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