Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant for Stormwater Quality Projects to the Transit Authority of Lexington, Ky., at a cost not to exceed $286,630. [Div. of Water Quality, Martin]
Summary
Authorization to execute an agreement awarding a Class B (Infrastructure) Stormwater Quality Projects Incentive Grant to Transit Authority of LFUCG, at a total cost not to exceed $286,630.00. (L0157-15)(Martin/Holmes)
This is a request to execute an agreement awarding a Class B (Infrastructure) Stormwater Quality Projects Incentive Grant to Transit Authority of LFUCG, at a total cost not to exceed $286,630.00. Funds are budgeted.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: YES
Account Number: 4052 303204 3373 78112
This Fiscal Year Impact: $286,630.00
Annual Impact: $0.00
Project: WQINCENTIVE_15
Activity: WQ_GRANT
Budget Reference:
Current Balance: $1,200,000.00
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 the agreement, which is attached hereto and incorporated herein by reference, awarding a Class B (Infrastructure) Incentive Grant for stormwater quality projects to theTransit Authority of Lexington, Kentucky.
Section 2 - That an amount, not to exceed $286,630.00, be and hereby is approved for payment to the Transit Authority of Lexington, Kentucky from account # 4052 - 303204 - 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