header-left
File #: 0326-23    Version: 2 Name: Request Council authorization to accept award of federal funds in the amount of $3,000,000 in congressionally directed spending Economic Development Initiative/Community Project Funding (CPF) administered by the Department of Housing and Urban Development
Type: Resolution Status: Approved
File created: 3/13/2023 In control: Urban County Council
On agenda: 3/23/2023 Final action: 3/23/2023
Enactment date: 3/23/2023 Enactment #: R-199-2023
Title: A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept $3,000,000 in Federal funds from the Dept. of Housing and Urban Development as an Economic Development Initiative/Community Project Funding (CPF) Award for the William Wells Brown Land Acquisition and Construction Project, the acceptance of which does not obligate the Urban County Government to the expenditure of funds, and authorizing the Mayor to execute an Agreement, and any necessary amendments thereto, with Community Action Council for Lexington-Fayette, Bourbon, Harrison and Nicholas Counties, Inc. in order to subaward these funds, and further authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Grants and Special Programs, Reynolds]
Attachments: 1. 23 - Blue Sheet Memo Acceptance, 2. BA 12196, 3. HUD Form 1044 B-22-CP-KY-0349, 4. Grant Agreement B-22-CP-KY-0349 - Unsigned, 5. 00777366.pdf, 6. R-199-2023, 7. Contract #077-2023, 8. Contract #077-2023
Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept $3,000,000 in Federal funds from the Dept. of Housing and Urban Development as an Economic Development Initiative/Community Project Funding (CPF) Award for the William Wells Brown Land Acquisition and Construction Project, the acceptance of which does not obligate the Urban County Government to the expenditure of funds, and authorizing the Mayor to execute an Agreement, and any necessary amendments thereto, with Community Action Council for Lexington-Fayette, Bourbon, Harrison and Nicholas Counties, Inc. in order to subaward these funds, and further authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Grants and Special Programs, Reynolds]
Summary
Authorization to accept award of Federal funds in the amount of $3,000,000 in congressionally directed spending Economic Development Initiative/Community Project Funding (CPF), administered by the Department of Housing and Urban Development, for the William Wells Brown land acquisition and construction project; and to execute an Agreement with Community Action Council for Lexington-Fayette, Bourbon, Harrison and Nicholas Counties, Inc. in the amount of $3,000,000. No match required. (L0326-23) (Reynolds/Lanter)
Budgetary Implications: Yes
Advance Document Review:
Law: N/A
Risk Management: N/A
Fully Budgeted: Budget amendment is in process.
Account Number: 3120-900307-0001-71101
This Fiscal Year Impact: $3,000,000
Annual Impact: $0
Project: CDBG_CPF_2023
Activity: FED_GRANT
Budget Reference: 2023
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 $3,000,000 in Federal funds from the Department of Housing and Urban Development (HUD) as an Economic Development Initiative/Comm...

Click here for full text