Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Fayette Fiscal Court (Fayette County Judge/Executive), relating to the expenditure of County Road Aid Fund Program Monies for Fayette County in FY 2019; and establishing a Budget for County Road Projects in the amount of $740,550. [Div. of Engineering, Burton]
Summary
Authorization to execute the FY’19 agreement with the Fayette Fiscal Court accepting and establishing funding for project in the Rural Service Area. The estimated amount of the funds is $740,550.00 from the KYTC Office of Rural and Municipal Aid. Funds are budgeted. (L0685-18) (Burton/Paulsen)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes Completed by [Attorney Name, Date]}
Risk Management: No
Fully Budgeted [select]: BA in process for expense budget
Account Number: 1137-011001-44040
This Fiscal Year Impact: $740,550.00
Annual Impact: $
Project: County Aid
Activity:
Budget Reference:
Current Balance: BA in process for expense budget
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Urban County Government, be and hereby is authorized and directed to execute the Agreement, which is attached hereto and incorporated herein by reference, with the Fayette Fiscal Court (Fayette County Judge/Executive), relating to the expenditure of County Road Aid Fund Program monies for Fayette County in FY 2019.
Section 2 - That a Budget for county Rd. projects in the amount of $740,550.00 be and hereby is established in account #1137-011001-44040, pursuant to the terms of the Agreement and subject the Agreement.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: