Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 1 to the Grant Agreement with North Lexington Holdings II, LLC, for a Stormwater Quality Incentive Grant Project, decreasing the Contract by the sum of $48,255.00, from $48,255.00 to $0.00. [Div. of Water Quality, Martin]
Summary
Authorization to approve a decreasing Change Order in the amount of $48,255.00, the full amount of the Stormwater Quality Projects Incentive Grant with North Lexington Holdings II, LLC, Contract #097-2021. The project scope has increased beyond the Grant award and the Grantee has opted to cancel the Grant. (L0205-24) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Evan Thompson
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: ($48,255)
Annual Impact: $
Project: WQINCENTIVE_21
Activity: WQ_GRANT
Budget Reference:
Current Balance:
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 and directed to execute Change Order No. 1, which is attached hereto and incorporated herein by reference, to the Grant Agreement with North Lexington Holdings II, LLC, for a Stormwater Quality Incentive Grant Project, decreasing the Contract price by the sum of $48,255.00, from $48,255.00 to $0.00.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
0205-24:EPT_4856-3145-5658, v. 1