Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept Grant Awards of Federal funds totaling $422,229.75 from the Small Business Administration under the Shuttered Venues Operator Grant Program, for lost revenue during the Covid-19 pandemic for the Pam Miller Downtown Arts Center, Moondance and Ballet Under the Stars ($94,818.62), and for the Ky. Theater ($327,411.13), the acceptance of which does not obligate the Urban County Government for the expenditure of funds, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Parks and Recreation, Conrad]
Summary
Authorization to accept award of $94,818.62 for Pam Miller Downtown Arts Center, Moondance and Ballet Under the Stars and an award of $327,411.13 for the Kentucky Theater from the Small Business Administration for lost revenue during the COVID-19 pandemic. No matching funds required. Budget amendment will be initiated. (L0772-21) (Conrad/Ford)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 7/27/2021
Risk Management: N/A
Fully Budgeted: Budget amendment will be initiated.
Account Number:
This Fiscal Year Impact: $422,229.75
Annual Impact: $0
Project:
Activity:
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 accept Grant awards of Federal funds totaling $422,229.75 from the Small Business Administration under the Shuttered Venues Operator Grant program for lost revenue during the COVID-19 pandemic for the Pam Miller Downtown Arts Center, Moondance and Ballet Under the Stars ($94,818.62), and the Kentucky Theater ($327,411.13), the acceptance of which does not obligate the Urban County Government for the expenditure of funds.
Section 2 - That subject to the prov...
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