Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute and submit a Grant Application to the Ky. Transportation Cabinet, and to provide any additional information requested in connection with this Grant Application, and to accept this Grant if the application is approved, which Grant funds are in the amount of $480,000 Federal funds, and are for the ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project for FY 2019, the acceptance of which obligates the Urban County Government for the expenditure of $120,000 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Traffic Engineering, Neal]
Summary
Authorization to submit application and accept award, if offered, in the amount of $480,000 from the Kentucky Transportation Cabinet for ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project for FY 2019, the acceptance of which obligates the government to provide match in the amount of $120,000. Budget Amendments are in process. (L0305-18) (Neal/Hoskins-Squier)
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: FY19 Budget Amendment is pending.
Account Number: 3160-303602-3601-xxxxx
This Fiscal Year Impact: $
Annual Impact: $600,000
Project: ITS_CMS_2019
Activity: FED_GRANT
Budget Reference: 2019
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 and submit the Grant Application, which is attached hereto and incorporated herein by reference, to the Kentucky Transportation Cabinet, and to provide any additional information requested in con...
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