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 $2,495,418 Federal funds, are for the remaining phases of the Town Branch Commons Trail, under the Transportation Alternatives Program (TAP), the acceptance of which obligates the Urban County Government for the expenditure of $516,855 as a local match, to execute an Agreement with Lextran, as a Grant partner, 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 $2,495,418 for remaining phases of the Town Branch Commons Trail under the Transportation Alternatives Program (TAP), and to execute all necessary documents required for the acceptance of those funds, the acceptance of which obligates the government and Grant partner LexTran to provide local match of $623,855. Budget amendments in process. (L0240-19) (Burton/Hamilton)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: Budget Amendments 9844 and 9846 are in process.
Account Number: 3160-303202-3225-91715
3160-900604-0001-71299
This Fiscal Year Impact: $3,119,273
Annual Impact: $0
Project: TOWN_LEX_2016
Activity: CONSTRUCTION
Budget Reference:
Current Balance: BA's 9844 and 9846 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 $2,495,418.00 Federal funds, are for the remaining Phases of the Town Branch Commons Trail, under the Transportation Alternatives Program (TAP), the accep...
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