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 LCP Holdings, LLC, for a Stormwater Quality Project, at a cost not to exceed $20,000. [Div. of Water Quality, Martin]
Summary
Authorization to approve a Class B Infrastructure Stormwater Quality Project Incentive Grant for LCP Holdings, LLC, in the amount of $20,000.00. Funds are Budgeted. (L0183-23) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Evan Thompson 2/9/2023
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $ 20,000.00
Annual Impact: $
Project: WQINCENTIVE_23
Activity: WQ_GRANT
Budget Reference: FY23
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 LCP Holdings, LLC, for a Stormwater Quality Project.
Section 2 - That an amount, not to exceed $20,000.00, be and hereby is approved for payment LCP Holdings, 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
0183-23:EPT:X:\CASES\WATER-AIR\23-LE0001\LEG\00776344.DOCX