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 $320,000 Federal funds, are for the Fiber Optic Cable Installation Program, the acceptance of which obligates the Urban County Government for the expenditure of $80,000 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs, Gooding]
Summary
Authorization to accept award from the Kentucky Transportation Cabinet for the Fiber Optic Cable Installation Program. (L1239-12) (Gooding/Moloney)
This is a request to accept award in the amount of $320,000 from the Kentucky Transportation Cabinet for the Fiber Optic Cable Installation Program. A 20% match of $80,000 is required. Budget amendment is in process.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: BA number 4567 in process
Account Number: 3160-303602-3605-71299 $25,000
3160-303602-3605-91711 $350,000
3160-303602-3605-96201 $25,000
This Fiscal Year Impact: $400,000
Annual Impact: $
Project: FIBEROPT_2011
Activity:
Budget Reference:
Current Balance: BA number 4567 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 $320,000.00 Federal funds, are for the Fiber Optic Cable Installation Program, and the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $80,000.00 as a local match.
Section 2 - That subject to the provisions of Ordinance No. 22-79, the Mayor is hereby authorized, in his discretion as Chief Executive Officer of the Urban County Government, to transfer the unencumbered balance of any operating or capital account appropriation to another operating or capital account appropriation within the Grant budget established herein.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
______________________________
CLERK OF URBAN COUNTY COUNCIL
1239-12 MKH X:\Cases\COMDEV\12-LE0001\LEG\00370503.DOC