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File #: 0013-25    Version: 1 Name: Incentive Grant for UK Research Foundation
Type: Resolution Status: Second Reading
File created: 12/31/2024 In control: Urban County Council
On agenda: 1/23/2025 Final action:
Enactment date: Enactment #:
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Education) Incentive Grant to the University of Ky. Research Foundation (UKRF), for a Stormwater Quality Project, at a cost not to exceed $30,698. [Div. of Water Quality, Martin]
Attachments: 1. Blue Shee Memo, 2. FY 2025 UKRF_Class B Edu - Council Map full, 3. FY25 Class BE - UKRF GAA_signed by Grantee, 4. RESO 0013-25- Stormwater Quality Incentive Grant (Class B Educational) with UKRF 4926-6676-3536 v.1.docx

Title

A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Education) Incentive Grant to the University of Ky. Research Foundation (UKRF), for a Stormwater Quality Project, at a cost not to exceed $30,698. [Div. of Water Quality, Martin]

 

Summary

Authorization to approve an FY25 (Class B Education) Stormwater Quality Projects Incentive Grant for The University of Kentucky Research Foundation for $30,698.00 for a project relating to urban reforestation and stormwater basins. Funds are Budgeted. (L0013-25)(Martin/Albright)

Budgetary Implications [select]: Yes

Advance Document Review:

Law: Yes   Evan P. Thompson

Risk Management:  No

Fully Budgeted [select]: Yes

Account Number:                     4052-303204-3373-78112

This Fiscal Year Impact:                     $30,698.00

Annual Impact:                      

Project: WQINCENTIVE_25

Activity: WQ_GRANT

Budget Reference:

Current Balance: $1,673,910

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 to execute an Agreement, which is attached hereto and incorporated herein by reference, awarding a Class B (Education) Incentive Grant to the University of Kentucky Research Foundation (UKRF), for a Stormwater Quality Project.

                     Section 2 - That an amount, not to exceed $30,698.00, be and hereby is approved for payment to the University of Kentucky Research Foundation (UKRF), from account # 4052-303204-3373-78112, 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

0013-25:EPT_4926-6676-3536, v. 1