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File #: 0486-21    Version: 1 Name: Class B Infrastructure Incentive Grant North Lexington Holdings II, LLC
Type: Resolution Status: Approved
File created: 5/6/2021 In control: Urban County Council
On agenda: 6/10/2021 Final action: 6/10/2021
Enactment date: 6/10/2021 Enactment #: R-307-2021
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to North Lexington Holdings II, LLC, for Stormwater Quality Projects, at a cost not to exceed $48,255. [Div. of Water Quality, Martin]
Attachments: 1. Blue Sheet Memo, 2. FY 2021 Class BI - North Lexington Holdings II GAAwAttachment A_Grantee signed, 3. FY 2021 NLH II LLC at 525 N Limestone - Council Map_rev.5.3.21, 4. 00727351.pdf, 5. R-307-2021, 6. Contract #097-2021, 7. Contract #097-2021, 8. Contract #097-2021 (2)
Related files: 0205-24

Title

A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to North Lexington Holdings II, LLC, for Stormwater Quality Projects, at a cost not to exceed $48,255. [Div. of Water Quality, Martin]

Summary

Authorization for approval of a FY21 Class B Infrastructure Stormwater Quality Projects Incentive Grant for North Lexington Holdings II, LLC in the amount of $48,255.00. Funds are Budgeted. (L0486-21) (Martin/Albright)

Budgetary Implications [select]: Yes

Advance Document Review:

Law: {N/A}

Risk Management:  {No}

Fully Budgeted [select]: Yes

Account Number:                     4052-303204-3373-78112

This Fiscal Year Impact:                     $48,255.00

Annual Impact:                      $

Project: WQINCENTIVE_21

Activity: WQ_GRANT

Budget Reference: 2021

Current Balance: $1,009,833.15

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 B (Infrastructure) Incentive Grant to North Lexington Holdings II, LLC, for stormwater quality projects.

                     Section 2 - That an amount, not to exceed $48,255.00, be and hereby is approved for payment to North Lexington Holdings II, 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

486-21:MSC:X:\Cases\WATER-AIR\21-LE0001\LEG\00727351.DOCX