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File #: 1123-24    Version: 1 Name: Incentive Grant for 1000 Delaware, LLC.
Type: Resolution Status: Approved
File created: 11/5/2024 In control: Urban County Council
On agenda: 12/3/2024 Final action: 12/3/2024
Enactment date: 12/3/2024 Enactment #: R-601-2024
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to 1000 Delaware, LLC, for a Stormwater Quality Project, at a cost not to exceed $13,966. [Div. of Water Quality, Martin]
Attachments: 1. Blue Sheet Memo, 2. FY25 Class BI - 1000 Delaware - Council Map full, 3. FY25 Class BI - 1000 Delaware, LLC (Feasibility) GAA_signed by Grantee, 4. 1123-24- 1000 Delaware LLC Class B Infrastructure Incentive Grant 4866-4291-8141 v.1.pdf, 5. R-601-2024

Title

A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement awarding a Class B (Infrastructure) Incentive Grant to 1000 Delaware, LLC, for a Stormwater Quality Project, at a cost not to exceed $13,966. [Div. of Water Quality, Martin]

 

Summary

Authorization to approve an FY25 Class B Infrastructure Stormwater Quality Projects Incentive Grant for 1000 Delaware, LLC, in the amount of $13,966.00 to complete a feasibility study to identify landscape and stormwater best management practices to address water quality issues. Located at 1000 Delaware Ave. Funds are Budgeted. (L1123-24) (Martin/Albright)

Budgetary Implications [select]: Yes

Advance Document Review:

Law: Yes.   Evan P Thompson   11/04/2024

Risk Management:  No

Fully Budgeted [select]: Yes

Account Number:                     4052-303204-3373-78112

This Fiscal Year Impact:                     $13,966.00

 

Annual Impact:                      $

Project: WQINCENTIVE_25

Activity: WQ_GRANT

Budget Reference:

Current Balance: $1,673,910.00

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 an Agreement, which is attached hereto and incorporated herein by reference, awarding a Class B (Infrastructure) Incentive Grant to 1000 Delaware, LLC, for a Stormwater Quality Project.

                     Section 2 - That an amount, not to exceed $13,966.00, be and hereby is approved for payment to 1000 Delaware, LLC, 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

1123-24:EPT_4866-4291-8141, v. 1