ORDINANCE NO. ________, SERIES 2022
TITLE
AN ORDINANCE AMENDING ORDINANCE 084, SERIES 2022, RELATING TO THE FISCAL YEAR 2022-2023 CAPITAL BUDGET FOR THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT BY LAPSING PREVIOUSLY AUTHORIZED AND COMPLETED CAPITAL PROJECTS AND VARIOUS OTHER ACCOUNTS AND DIRECTING THE FUNDING TO THE UNALLOCATED BIPARTISAN INFRASTRUCTURE LAW ("BIL") GRANTS PROJECT TO ADDRESS FUTURE BIL GRANT OPPORTUNITIES.
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SPONSORED BY: COUNCIL MEMBER BILL HOLLANDER
BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AS FOLLOWS:
SECTION I: Part I. Revenues and Funding Sources, of Ordinance 084, Series 2022, is hereby amended as follows:
SECTION II: Part I., Chief of Public Safety/Services, H. Public Works & Assets, of Ordinance No. 084, Series 2022, is hereby amended as follows:
Number Project Title Fund Amount
27 Unallocated Bipartisan Infrastructure
Law Grants
a. BOND 25,536,953.78
b. FEDERAL 100,000,000
c. CCRF 1,439,515.18
d. PAB 149,158.08
e. PAN 33,108.64
c. f. Public Works & Assets is required to obtain Council approval prior to appropriating any unallocated BIL Match funds.
d. g. The Office of Management and Budget shall report to the Budget Committee by September 30, 2022 with additional capital accounts to lapse, with a goal of lapsing at least $4 Million, which could be made available for future matches for Bipartisan Infrastructure Law grants.
SECTION III: The sum of $316,185.03 is hereby transferred from the Special Revenue Fund to the General Fund related to the lapse of previously authorized and completed projects and various other accounts.
SECTION IV: Part I., Chief of Louisville Forward, R. Economic Development, of Ordinance No. 084, Series 2022, is hereby amended as follows:
Number Project Title Fun...
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