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File #: 0238-23    Version: 1 Name: Windswept Ventures, LLC. Incentive Grant
Type: Resolution Status: Approved
File created: 2/24/2023 In control: Urban County Council
On agenda: 3/23/2023 Final action: 3/23/2023
Enactment date: 3/23/2023 Enactment #: R-159-2023
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 Windswept Ventures, LLC, for Stormwater Quality Projects, at a cost not to exceed $316,564.80. [Div. of Water Quality, Martin]
Attachments: 1. Blue Sheet Memo, 2. Windswept Ventures, LLC_Class B I - Council Map, 3. Windswept Ventures_GAA with Attachments A & B_Grantee signed, 4. 00776602.pdf, 5. R-159-2023, 6. Contract #084-2023

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 Windswept Ventures, LLC, for Stormwater Quality Projects, at a cost not to exceed $316,564.80. [Div. of Water Quality, Martin]

Summary

Authorization to approve a Class B Infrastructure Stormwater Quality Projects Incentive Grant for Windswept Ventures, LLC., in the amount of $316,564.80. Funds are Budgeted. (L0238-23) (Martin/Albright)

Budgetary Implications [select]: Yes

Advance Document Review:

Law:  Yes, Completed by Evan Thompson 02/24/2023

Risk Management:  No

Fully Budgeted [select]: Yes

Account Number:                     4052-303204-3373-78112

This Fiscal Year Impact:                     $316,564.80

Annual Impact:                      $

Project: WQINCENTIVE_23

Activity: WQ_GRANT

Budget Reference:

Current Balance: $1,851,883.70

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 Windswept Ventures, LLC, for Stormwater Quality Projects.

                     Section 2 - That an amount, not to exceed $316,564.80, be and hereby is approved for payment to Windswept Ventures, 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

0238-23:EPT:X:\Cases\WATER-AIR\23-LE0001\LEG\00776602.DOCX