Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 5 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $2,891,000 for the Polo Club Boulevard Construction Phase, the acceptance of which does not obligate the Urban County Government for the expenditure of funds as a local match. [Div. of Engineering, Burton]
Summary
Authorization to execute Supplemental Agreement No. 5 with the Kentucky Transportation Cabinet, accepting additional Federal funds in the amount of $2,891,000 for the construction phase of the Polo Club Boulevard Project. Budget amendment in process. (L0775-19) (Burton/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, completed by Melissa, July 18, 2019
Risk Management: Not applicable
Fully Budgeted: BA 10182 is in process.
Account Number: 3160-303202-3251-91715
This Fiscal Year Impact: $2,891,000
Annual Impact: $
Project: POLO_2013
Activity: CONST
Budget Reference: 2013
Current Balance: BA 10182 is 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 execute Supplemental Agreement No. 5, 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 $2,891,000.00 for the Polo Club Boulevard Construction Phase, the acceptance of which does not obligate the Urban County Government for the expenditure of funds as a local match.
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
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