Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Development Agreement with Lexington Habitat for Humanity, for transfer of properties acquired under the Neighborhood Stabilization Program for rehabilitation and construction by Habitat for homeownership for low-income households. [Div. of Grants & Special Programs, Gooding]
Summary
Authorization to execute a Development Agreement with Lexington Habitat for Humanity and approval to convey properties acquired by LFUCG under the Neighborhood Stabilization Program. (L239-12) (Gooding/Moloney)
This is a request to execute a Development Agreement with Lexington Habitat for Humanity to acquire up to 15 properties and approval to convey properties acquired by LFUCG under the Neighborhood Stabilization Program. There is no budgetary impact.
Budgetary Implications: NO
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes/No/Partial
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: N/A
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 the Development Agreement, which is attached hereto and incorporated herein by reference, with Lexington Habitat for Humanity, for transfer of properties acquired under the Neighborhood Stabilization Program for rehabilitation and construction by Habitat for homeownership for low-income households.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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MAYOR
ATTEST:
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CLERK OF URBAN COUNTY COUNCIL
PUBLISHED: