Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 3 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $224,000 for the Clays Mill Rd. Improvement Project Utility Phase of Section 1, the acceptance of which obligates the Urban County Government for the expenditure of $56,000 as a local match. [Div. of Engineering, Burton]
Summary
Authorization to execute Supplemental Agreement No. 3, accepting additional federal funding in the amount of $224,000 from the Kentucky Transportation Cabinet for the Utility Phase of Section I of the Clays Mill Road Improvements Project, the acceptance of which obligates the government to provide match in the amount of $56,000. Funds are Budgeted. (L0221-18) (Burton/Paulsen)
Budgetary Implications: Yes
Advance Document Review:
Law: { Select Yes/No, Completed by [Attorney Name, Date]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted: BA 9058 and 9058 are in process.
Account Number:
This Fiscal Year Impact: $280,000
Annual Impact: $
Project: CLY_ML_2015
Activity: UTILITY
Budget Reference: 2018
Current Balance:
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 Supplemental Agreement No. 3, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $224,000.00 for the Clays Mill Road Improvement Project Utility Phase of Section 1, the acceptance of which obligates the Urban County Government for the expenditure of $56,000.00 as a local match.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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