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