Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 1 to the Agreement with Free Contracting, Inc., for the Rose St. Bike Lane Project, increasing the contract price by the sum of $27,154.42 from $253,220.10 to $280,374.52. [Div. of Engineering, Burton]
Summary
Authorization to execute Change Order #1 in the amount of $27,154.42 with Free Contracting, Inc. for increase in materials and related costs for the Rose Street Bike Lane Project for a new Contract price of $280,374.52. Funds are Budgeted. (L0180-17) (Burton/Paulsen)
Budgetary Implications: Yes
Advance Document Review:
Fully Budgeted: Yes
Account Number: 1136-303202-3251-91715
This Fiscal Year Impact: $27,154.42
Annual Impact:
Project:
Activity:
Budget Reference:
Current Balance: $1,002,057.16
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 execute Change Order No. 1, which is attached hereto and incorporated herein by reference, to the Agreement with Free Contracting, Inc., for the Rose Street Bike Lane Project, increasing the Contract price by the sum of $27,154.42 from $253,220.10 to $280,374.52.
Section 2 - That an amount, not to exceed the sum of $27,154.42, be and hereby is approved for payment to Free Contracting, Inc., from account #1136-303202-91715, pursuant to the terms of the Change Order.
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