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 NoLi CDC Corp., for stormwater quality projects, at a cost not to exceed $91,298.92. [Div. of Water Quality, Martin]
Summary
Authorization to execute an Agreement awarding a FY16 (Class A) Stormwater Quality Projects Incentive Grant to NoLi CDC Corporation (North Limestone Community Development Corporation in the amount of $91,298.92. Grant funds will provide support to the 2016 North Limestone Sustainability initiative. Funds are Budgeted. (L140-16) (Martin/Hoskins-Squier)
Budgetary Implications: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $91,298.92
Annual Impact: $
Project: WQINCENTIVE_16
Activity: WQ_GRANT
Budget Reference: 2016
Current Balance: $1,200,000.00
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 NoLi CDC Corporation, for stormwater quality projects.
Section 2 - That an amount, not to exceed $91,298.92, be and hereby is approved for payment to NoLi CDC Corporation, 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