Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute and submit an Application to the Ky. Infrastructure Authority (KIA), and to provide any additional information requested in connection with the Application, for a Low Interest State Revolving Fund Loan in the amount of $9,837,063 for the Lower Cane Run Wet Weather Storage Project. [Div. of Water Quality, Martin]
Summary
Authorization to submit an application to the Kentucky Infrastructure Authority (KIA), for a Low Interest State Revolving Fund Loan for the Lower Cane Run Wet Weather Storage Tank Project. (L0901-13) (Martin/Moloney)
This is a request to submit an application to the KIA for a Low Interest State Revolving Fund Loan in the amount of $9,829,750 for the Lower Cane Run Wet Weather Storage Tank Project.
Budgetary Implications: NO
Advance Document Review: Law/Risk Management
Fully Budgeted:
Account Number:
This Fiscal Year Impact:
Annual Impact: $0.00
Project:
Activity:
Budget Reference:
Current Balance: $ N/A
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 and submit the Application, which are attached hereto and incorporated herein by reference, to the Kentucky Infrastructure Authority (KIA), and to provide any additional information requested in connection with the Application, for a low interest state revolving fund loan in the amount of $9,837,063
for the Lower Cane Run Wet Weather Storage Tank Project.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
______________________________
CLERK OF URBAN COUNTY COUNCIL
0901-13:EWG X:\Cases\WATER-AIR\13-LE0001\LEG\00403830.DOC