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File #: 0910-25    Version: 1 Name: Incentive Grant Parks Edge Townhomes
Type: Resolution Status: Approved
File created: 9/16/2025 In control: Urban County Council
On agenda: 10/9/2025 Final action: 10/9/2025
Enactment date: 10/9/2025 Enactment #: R-478-2025
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class A (Neighborhood) Incentive Grant to Tradition at Parks Edge Townhome Association, Inc., for a Stormwater Quality Project, at a cost not to exceed $27,888. [Div. of Water Quality, Martin]
Attachments: 1. Blue Sheet, 2. FY 2026 The Tradition at Park Edge Townhome Association, Inc. (Feasibility Study) - Council Map, 3. FY26 Class A Neigborhood The Tradition at Park Edge Townhome Association, Inc. _signed by grantee, 4. RESO 0910-25 Tradition at Parks Edge Townhome Association Class A 4923-0559-8576 v.1.pdf, 5. R-478-2025

Title

A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class A (Neighborhood) Incentive Grant to Tradition at Parks Edge Townhome Association, Inc., for a Stormwater Quality Project, at a cost not to exceed $27,888. [Div. of Water Quality, Martin]

 

 

Summary

Authorization to approve an FY26 (Class A Neighborhood) Stormwater Quality Projects Incentive Grant for The Tradition at Parks Edge Townhome Association, Inc., in the amount of $27,888.00, to complete a feasibility study to address stormwater runoff issues, flooding, and improve greenspace utilization. Funds are Budgeted. (L0910-25)(Martin/Albright)

Budgetary Implications [select]: Yes

Advance Document Review:

Law: Yes  J. Todd Henning  9/16/2025

Risk Management:  No

Fully Budgeted [select]: Yes

Account Number: 4052-303204-3373-78112                     

This Fiscal Year Impact:                     $27,888.00

Annual Impact: $

Project: WQINCENTIVE_26

Activity: WQ_GRANT

Budget Reference:

Current Balance: $3,069,789.13

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 A (Neighborhood) Incentive Grant to Tradition at Parks Edge Townhome Association, Inc., for a stormwater quality project.

                     Section 2 - That an amount, not to exceed $27,888.00, be and hereby is approved for payment to Tradition at Parks Edge Townhome Association, Inc., 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

0910-25:JTH:4923-0559-8576, v. 1