Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class A (Neighborhood) Incentive Grant to Waterford II Homeowners Association, Inc., for a Stormwater Quality Project, at a cost not to exceed $120,000. [Div. of Water Quality, Martin]
Summary
Authorization to approve an FY25 (Class A Neighborhood Stormwater Quality Projects Incentive Grant for Waterford II Homeowners Association, Inc. in the amount of $120,000.00 for continued efforts relating to stream restoration. Funds are Budgeted. (L0012-25)(Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes Evan Thompson 12/20/24
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $120,000.00
Annual Impact:
Project: WQINCENTIVE_25
Activity: WQ_GRANT
Budget Reference:
Current Balance: $1,673,910
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 A (Neighborhood) Incentive Grant to Waterford II Homeowners Association, Inc., for a Stormwater Quality Project.
Section 2 - That an amount, not to exceed $120,000.00, be and hereby is approved for payment to Waterford II Homeowners Association, Inc., 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
0012-25:EPT_4918-4009-2176, v. 1