Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept a Grant award of an additional $163,705.57 in Federal funds from the Small Business Administration under the Shuttered Venues Operator Grant Program for the Kentucky Theater, and ratifying, on behalf of the Urban County Government, the Mayor's prior acceptance of a Grant Award of an additional $47,409.31 in Federal funds from the Small Business Administration under the Shuttered Venues Operator Grant Program for the Pam Miller Downtown Arts Center, Moondance and Ballet Under the Stars, the acceptance of which does not obligate the Urban County Government for the expenditure of funds, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Parks and Recreation, Conrad]
Summary
Authorization to accept additional award of $47,409.31 for the Pam Miller Downtown Arts Center, Moondance and Ballet Under the Stars and an award of $163,705.57 for the Kentucky Theater from the Small Business Administration for lost revenue during the COVID-19 pandemic. No matching funds required. (L0142-22) (Conrad/Ford)
Budgetary Implication: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 1/31/2022
Risk Management: N/A
Fully Budgeted: Budget amendment 11502 and 11503 are in process.
Account Number: 3250-707604-7321-XXXXX; 3250-900106-0001-91018
This Fiscal Year Impact: $211,114.88
Annual Impact: $0
Project: KYTHEATER_2022; VENUES_2022
Activity: FED_GRANT
Budget Reference: 2022
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 accept a grant award of an additional $163,705.57 in federal funds from the Small Business Administration under the Shuttered Venues Operator Grant program for the Kentucky Theater, the acceptance of...
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