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File #: 0297-24    Version: 1 Name: Rob Prop, LLC. Incentive Grant
Type: Resolution Status: Approved
File created: 3/13/2024 In control: Urban County Council
On agenda: 4/25/2024 Final action: 4/25/2024
Enactment date: 4/25/2024 Enactment #: R-164-2024
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 Rob Prop, LLC, for a Stormwater Quality Project, at a cost not to exceed $173,103.56. [Div. of Water Quality, Martin]
Attachments: 1. Blue Sheet, 2. FY 2024 Rob Prop, LLC (2592 Palumbo Drive)_Class B Infra - Council map, 3. FY24 Class BI Rob Prop, LLC (2592 Palumbo Drive) GAA_Grantee signed, 4. 0297-24- Rob Prop LLC Incentive Grant 4888-8954-7189 v.1.pdf, 5. R-164-2024, 6. Contract #087-2024

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 Rob Prop, LLC, for a Stormwater Quality Project, at a cost not to exceed $173,103.56. [Div. of Water Quality, Martin] 

Summary

Authorization to approve an FY 2024 (Class B Infrastructure) Stormwater Quality Projects Incentive Grant for Rob Prop, LLC to mitigate erosion and deterioration of the current drainage at 2592 Palumbo Drive, in the amount of $173,103.56. Funds are Budgeted. (L0297-24) (Martin/Albright)

Budgetary Implications [select]: Yes

Advance Document Review:

Law:  Yes, Completed by Evan Thompson 3/13/2024

Risk Management:  No

Fully Budgeted [select]: Yes

Account Number:                     4052-303204-3373-78112

This Fiscal Year Impact:                     $173,103.56

Annual Impact:                      $

Project: WQINCENTIVE_24

Activity: WQ_GRANT

Budget Reference:

Current Balance: $1,240,853.97

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 Rob Prop, LLC, for a Stormwater Quality Project.

                     Section 2 - That an amount, not to exceed $173,103.56, be and hereby is approved for payment to Rob Prop, LLC, from account # 4052-303204-3373-78112, 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

0297-24:EPT_4888-8954-7189, v. 1