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File #: 0331-12    Version: 1 Name: LexMark Class B Feasibility Incentive Grant
Type: Resolution Status: Approved
File created: 3/28/2012 In control: Urban County Council
On agenda: 4/26/2012 Final action: 4/27/2012
Enactment date: 4/27/2012 Enactment #: R-198-2012
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Agreements awarding Class B Infrastructure (Construction Only) Incentive Grants for stormwater quality projects to the Living Arts and Science Center, Inc. ($60,440) and the Community Montessori School, Inc., ($360,160), and the Board of Education of Fayette County ($320,400), and awarding Class B Infrastructure (Feasibility) Incentive Grants to the Board of Education of Fayette County ($12,000) and Lexmark International, Inc. ($34,000), at a cost not to exceed the sums stated. [Div. of Water Quality, Martin]
Attachments: 1. Feasibility Grant_Lexmark International_Cover Letter.pdf, 2. Feasibility Grant_Lexmark International.pdf, 3. 00341822.pdf
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Agreements awarding Class B Infrastructure (Construction Only) Incentive Grants for stormwater quality projects to the Living Arts and Science Center, Inc. ($60,440) and the Community Montessori School, Inc., ($360,160), and the Board of Education of Fayette County ($320,400), and awarding Class B Infrastructure (Feasibility) Incentive Grants to the Board of Education of Fayette County ($12,000) and Lexmark International, Inc. ($34,000), at a cost not to exceed the sums stated. [Div. of Water Quality, Martin]
Summary
Authorization to execute a Class B Infrastructure Incentive Grant Award Agreement with Lexmark International, Inc. to perform a stormwater quality project funded by the Water Quality Management Fee. (L331-12) (Martin/Moloney)
This is a request to execute a Class B Infrastructure (Feasibility) Incentive Grant Award Agreement with Lexmark International, Inc. at a cost not to exceed $34,000 to perform a stormwater quality project. A minimum match in the amount of $11,333 is required by the grant recipient. Funds are budgeted.

Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number: 4051-303204-3373-78112
This Fiscal Year Impact: $34,000
Annual Impact: NA
Project:
Activity:
Budget Reference:
Current Balance: 843,964.90
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 to execute the agreements, which are attached hereto and incorporated herein by reference, awarding Class B Infrastructure (Construction Only) Grants for stormwater quality projects to the Living Arts and Science Center, Inc., the Community Montessori School, Inc. and the Board of Education of Fayette County, and awarding Class B Infrastructure (Feasibility) Incentive Grants to the ...

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