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 the Woodfield Homes Association, Inc., for stormwater quality projects, at a cost not to exceed $100,000. [Div. of Water Quality, Martin]
Summary
Authorization to request approval of a FY17 (Class A) Stormwater Projects Incentive Grant for The Woodfield Homes Association, Inc. Funds in the amount of $100,000.00 will provide water quality and quantity control by designing and constructing solutions to address the protection of the Woodfield Stormwater Detention Pond. Funds are Budgeted. (L1386-16) (Martin/Hoskins-Squier)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Michael Cravens
(front end documents reviewed annually)
Risk Management: No
Fully Budgeted: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $100,000.00
Annual Impact: $
Project: WQINCENTIVE_17
Activity: WQ_GRANT
Budget Reference: 2017
Current Balance: $1,350,000
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 A (Neighborhood) Incentive Grant to The Woodfield Homes Association, Inc., for stormwater quality projects.
Section 2 - That an amount, not to exceed $100,000.00, be and hereby is approved for payment to The Woodfield Homes Association, Inc., 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