Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept an additional Grant award of $134,713 in Federal funds from the United States Dept. of Housing and Urban Development (HUD), authorizing the Mayor to execute any necessary Agreements or amendments with subrecipients related to the use of these funds, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Grants and Special Programs, Reynolds]
Summary
Authorization to accept an award of additional Federal funds in the 2022 Consolidated Plan from the U.S. Department of Housing and Urban Development for the HOME Investment Partnerships Program, in the amount of $134,713, and to execute any other Agreements or amendment with subrecipients to the use of HOME funds. (L1116-22) (Reynolds/Lanter)
Budgetary Implications: Yes
Advance Document Review:
Law: N/A
Risk Management: N/A
Fully Budgeted: BA in process
Account Number: 3120-160201-0001-78105
This Fiscal Year Impact: $134,713
Annual Impact: $0
Project: HOME_2023
Activity: FED_GRANT
Budget Reference: 2023
Current Balance: BA 11936 in process
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 an additional grant award of $134,713.00 in federal funds from the United States Department of Housing and Urban Development (HUD), for the HOME Investment Partnerships Program, the acceptance of which does not obligate the Urban County Government to the expenditure of any additional funds as a local match.
Section 2 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute any necessary agreements or amendments with subrecipients related to the use of these funds.
Section 3 -- That subject to the provisions of Ordinance No. 97-21, the Mayor is hereb...
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