Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept a Grant from the Ky. Transportation Cabinet, which Grant funds are in the amount of $1,891,060 Federal funds, are for the remaining phases of the Town Branch Commons Trail, under the Congestion Mitigation and Air Quality (CMAQ) Program, the acceptance of which obligates the Urban County Government for the expenditure of $524,000 as a local match, to execute all necessary documents required for the acceptance of those funds, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Engineering, Burton]
Summary
Authorization to accept Federal funds not to exceed $1,891,060 for remaining phases of the Town Branch Commons Trail under the Congestion Mitigation Air Quality Program (CMAQ), and to execute all necessary documents required for the acceptance of those funds, the acceptance of which obligates the government to provide a 20% match in the amount of $524,000. Budget amendments are in process. (L0239-19) (Burton/Hamilton)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: Budget Amendments 9844 and 9845 are in process
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact: $2,415,060
Annual Impact: $o
Project: TOWN_COM_2016
Activity: CONSTRUCTION
Budget Reference:
Current Balance: BA's 9844 and 9845 in process
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 accept a grant from the Kentucky Transportation Cabinet, which Grant funds are in the amount of $1,891,060.00 Federal funds, are for the remaining Phases of the Town Branch Commons Trail, under the Congestion Mitigation and Air Quality (CMAQ) Program, the acceptance of which obligates the Lexington-Fayette Urban County Gove...
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