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File #: 0100-24    Version: 1 Name: Waterford II HOA Incentive Grant
Type: Resolution Status: Approved
File created: 1/22/2024 In control: Urban County Council
On agenda: 2/15/2024 Final action: 2/15/2024
Enactment date: 2/15/2024 Enactment #: R-059-2024
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 Waterford II Homeowners Association, Inc., for a Stormwater Quality Project, at a cost not to exceed $120,000. [Div. of Water Quality, Martin]
Attachments: 1. BlueSheet, 2. FY 2024 Waterford II HA - Council Map, 3. FY24 Class A WHA GAA with Attachments A_Grantee signed, 4. 100-24- Waterford II WQ Grant 4872-2714-4353 v.1.pdf, 5. R-059-2024

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 Waterford II Homeowners Association, Inc., for a Stormwater Quality Project, at a cost not to exceed $120,000. [Div. of Water Quality, Martin] 

Summary

Authorization to approve an FY 2024 (Class A Neighborhood) Stormwater Quality Projects Incentive Grant for Waterford II Homeowners Association, Inc. to construct Phase 1 of the association’s hardscape infrastructure removal and stream restoration project, in the amount of $120,000.00. Funds are Budgeted. (L0100-24) (Martin/Albright)

Budgetary Implications [select]: Yes

Advance Document Review:

Law:  Yes, Completed by Evan Thompson  1/22/2024

Risk Management:  No

Fully Budgeted [select]: Yes

Account Number:  4052-303204-3373-78112

This Fiscal Year Impact:                     $120,000.00

Annual Impact:                      $120,000.00

Project:

Activity:

Budget Reference:

Current Balance: $1,819,877.59

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, awarding a Class A (Neighborhood) Incentive Grant to Waterford II Homeowners Association, Inc., for a Stormwater Quality Project.

                     Section 2 - That an amount, not to exceed $120,000.00, be and hereby is approved for payment to Waterford II Homeowners Association, Inc., from account # 4052-303204-3373-78112, 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

0100-24:EPT_4872-2714-4353, v. 1