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File #: 0511-25    Version: 2 Name: Request Council authorization to execute a FY2024 Community Project Funding Grant Agreement and accept the federal award in the amount of $10,000,000 in congressionally directed spending Economic Development Initiative/Community Project Funding (CPF) admi
Type: Agenda Item Status: First Reading
File created: 5/19/2025 In control: Urban County Council
On agenda: 5/29/2025 Final action:
Enactment date: Enactment #:
Title: Authorization to execute a FY2024 Community Project Funding Grant Agreement and accept the federal award in the amount of $10,000,000 in congressionally directed spending Economic Development Initiative/Community Project Funding administered by the Department of Housing and Urban Development for the Legacy Business Park infrastructure installation project. No match required. (L0511-25)(Bencz/Atkins)
Attachments: 1. 25- Blue Sheet Memo -CPF Award Legacy Business Park, 2. BA 13727, 3. B-24-CP-KY-0890_FY24_CPF_Grant_Agreement_v1_signed, 4. B-24-CP-KY-0890_FY24_CPF_Grant_Award_Letter_of_Invitation_v1, 5. Resolution 127-2023

Title

Authorization to execute a FY2024 Community Project Funding Grant Agreement and accept the federal award in the amount of $10,000,000 in congressionally directed spending Economic Development Initiative/Community Project Funding administered by the Department of Housing and Urban Development for the Legacy Business Park infrastructure installation project. No match required. (L0511-25)(Bencz/Atkins)

Summary

Authorization to execute a FY2024 Community Project Funding Grant Agreement and accept the federal award in the amount of $10,000,000 in congressionally directed spending Economic Development Initiative/Community Project Funding administered by the Department of Housing and Urban Development for the Legacy Business Park infrastructure installation project. No match required. (L0511-25)(Bencz/Atkins)

Budgetary Implications: Yes

Advance Document Review:

Law: Yes, Completed by Tiffany Holskey, 5/15/2025

Risk Management:  N/A

Fully Budgeted: Budget amendment is in process.

Account Number:                     3120-136103-0001-90319

This Fiscal Year Impact: $ 10,000,000

Annual Impact:  $0

Project: CPF_LEGACY_2025

Activity: FED_GRANT

Budget Reference: 2025

Current Balance: BA in process

Body

{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}