Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 1 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $92,650 for the Right of Way Phase of the Legacy Trail Phase III Project. [Council Office, Maynard]
Summary
Request Council authorization to execute Supplemental Agreement No. 1 with the Kentucky Transportation Cabinet, accepting additional Federal funds in the amount of $92,650 for the Right of Way Phase of the Legacy Trail Phase III Project. Match in the amount of $23,162.50 is required.
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 xxxx and xxxx are in process.
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact: $115,812.50
Annual Impact: $
Project: LEGACY_3_2013
Activity: ROW
Budget Reference: 2013
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. 1, 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 $92,650.00 for the Right of Way Phase of the Legacy Trail Phase III Project.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL