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 $2,721,700 Federal funds, are for the Legacy Trail Phase III, the acceptance of which obligates the Urban County Government for the expenditure of $680,425 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 of federal funds from the Kentucky Transportation Cabinet under the Transportation Enhancement Program for Legacy Trail Phase III. (L628-12) (Gooding/Moloney)
This is a request to accept award of federal funds from the Kentucky Transportation Cabinet under the Transportation Enhancement Program for an amount of $2,721,700 for Legacy Trail Phase III. The required match of $680,425 will be documented from the value of permanent easements donated for Legacy Trail Phases I and II. Budget amendment is in process.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: 2013 Budget Amendment in process
Account Number:
This Fiscal Year Impact: $0
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: 2013 Budget Amendment 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 $2,721,700.00 Federal funds, are for the Legacy Trail Phase III and the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $680,425.00 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 previously established for this Grant.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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MAYOR
ATTEST:
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CLERK OF URBAN COUNTY COUNCIL