Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to Lakeshore Village, Inc., for Stormwater Quality Projects, at a cost not to exceed $212,932. [Div. of Water Quality, Martin]
Summary
Authorization to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to Lakeshore Village, Inc., for stormwater quality projects, at a cost not to exceed $212,932.00. Funds are Budgeted. (L0146-22) (Martin/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Michael Cravens, 2/2/2022
Risk Management: No
Fully Budgeted: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $212,932.00
Annual Impact: $
Project: WQINCENTIVE_22
Activity: WQ_GRANT
Budget Reference:
Current Balance: $1,647,414.58
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 (Infrastructure) Incentive Grant to Lakeshore Village, Inc., for stormwater quality projects.
Section 2 - That an amount, not to exceed $212,932.00, be and hereby is approved for payment to Lakeshore Village, Inc., from account #4052 - 303204 - 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
146-22:MSC:X:\Cases\WATER-AIR\22-LE0003\LEG\00750179.DOCX