Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to Sanford E. Levy, LLC., for water quality projects, at a cost not to exceed $275,000. [Div. of Water Quality, Martin]
Summary
Authorization to execute agreement awarding a Class B (Infrastructure) Stormwater Quality Projects Incentive Grant to Sanford E. Levy, LLC. (L0249-14) (Martin)
This is a request to execute agreement awarding a Class B (Infrastructure) Stormwater Quality Projects Incentive Grant to Sanford E. Levy, LLC, for a cost not to exceed $275,000. Funds are budgeted.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: YES
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $275,000.00
Annual Impact: $0.00
Project: wqincentive_14
Activity: WQ_GRANT
Budget Reference: 2014
Current Balance: $ 1,143,950
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 execute the agreement, which is attached hereto and incorporated herein by reference, awarding a Class B (Infrastructure) Grant to Sanford E. Levy, LLC for water quality projects
Section 2 - That an amount not to exceed $275,000 be and hereby is approved for payment to Sanford E. Levy, LLC 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