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File #: 0946-21    Version: 1 Name: Sanitary and Storm Sewer Infrastructure Agreement
Type: Resolution Status: Approved
File created: 9/16/2021 In control: Urban County Council
On agenda: 10/14/2021 Final action: 10/14/2021
Enactment date: 10/14/2021 Enactment #: R-564-2021
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Lexington Housing Authority, authorizing the acceptance of sanitary sewer and storm sewer infrastructure for the Bluegrass-Aspendale Development and providing for payment of the sum of $399,000 to the Urban County Government for remediation of sanitary sewer and storm sewer infrastructure. [Div. of Water Quality, Martin]
Attachments: 1. LHA Blue Sheet Memo _ Law approved.pdf, 2. LHA Agreement.pdf, 3. Bluegrass Aspendale Map.pdf, 4. Bluegrass Aspendale apts phase 2 housing auth (apts).pdf, 5. Bluegrass Aspendale apts phase 2 housing auth 2.pdf, 6. Bluegrass Aspendale apts phase 3 sect 1 housing auth (apts).pdf, 7. Bluegrass Aspendale apts single housing 2020 (1).pdf, 8. Bluegrass Aspendale III Apartments 03172021 update.pdf, 9. Bluegrass Aspendale Infrastructure Ph3 S1 Apts Infrastructure Bridlewood Furlong 03172021 update.pdf, 10. Bluegrass Aspendale Infrastructure Sngl Fmly 03172021 update.pdf, 11. Bluegrass Aspendale Ph 2 Apts 03172021 update.pdf, 12. Bluegrass Aspendale Ph 2 Apts Parcel 2 03172021 update.pdf, 13. Bluegrass Aspendale Ph 2 Apts Parcel 3 03172021 update.pdf, 14. 00739268.pdf, 15. R-564-2021, 16. Contract #202-2021
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Lexington Housing Authority, authorizing the acceptance of sanitary sewer and storm sewer infrastructure for the Bluegrass-Aspendale Development and providing for payment of the sum of $399,000 to the Urban County Government for remediation of sanitary sewer and storm sewer infrastructure. [Div. of Water Quality, Martin]
Summary
Authorization for approval of an Agreement between the Lexington Housing Authority and LFUCG to mitigate sanitary / storm sewer construction punch list obligations associated with Bluegrass-Aspendale Phases 2 and 3. Approval of the Agreement authorizes the Housing Authority to pay Lexington the amount of $399,000 in exchange for Lexington's acceptance of sanitary / storm infrastructure in its present condition, with an acCo.ing full release of outstanding letters of credit. (L0946-21) (Martin/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Michael Cravens, 9/15/2021
Risk Management: No
Fully Budgeted: N/A
Account Number: 4002-303401-3401-46720
This Fiscal Year Impact: $399,000 revenue
Annual Impact: $
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 to execute an Agreement, which is attached hereto and incorporated herein by reference, with the Lexington Housing Authority, authorizing the acceptance of sanitary sewer and storm sewer infrastructure for the Bluegrass-Aspendale development by the Urban County Government and providing for payment of the sum of $399,000.00 to the Urban County Government for remediation of sanitary sewer and storm sewer infrastructure.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUN...

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