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 OP Innovates LLC, for a Stormwater Quality Project, at a cost not to exceed $29,890. [Div. of Water Quality, Martin]
Summary
Authorization to approve an FY 2024 (Class B Infrastructure) Stormwater Quality Projects Incentive Grant for OP Innovates LLC to conduct a feasibility study to identify green infrastructure Best Management Practices, in the amount of $29,890. The Grantee is providing a cost share of $7,490. Funds are Budgeted. (L0325-24) (Martin/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Evan Thompson 3/20/24
Risk Management: No
Fully Budgeted: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $29,890.00
Annual Impact: $
Project: WQINCENTIVE_24
Activity: WQ_GRANT
Budget Reference:
Current Balance: $1,240,853.97
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 OP Innovates LLC, for a Stormwater Quality Project.
Section 2 - That an amount, not to exceed $29,890.00, be and hereby is approved for payment to OP Innovates 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
0325-24:EPT_4876-8663-3909, v. 1