Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the KY. Transportation Cabinet for the acceptance of a Grant from the KY. Transportation Cabinet Office of Local Programs Congestion Mitigation and Air Quality (CMAQ) Program, which Grant funds are in the amount of $1,096,000 in Federal funds and are for the Mt. Tabor Multi-Modal Improvements Project, the acceptance of which obligates the Urban County Government to the expenditure of $274,000 as a local match, and authorizing the Mayor to transfer encumbered funds within the Grants Budget. [Div. of Engineering, Burton]
Summary
Authorization to accept Federal funds in the amount of $1,096,000 for the construction phase of the Mt. Tabor Road Multimodal Improvements project as funded under the Kentucky Transportation Cabinet Office of Local Programs Congestion Mitigation and Air Quality (CMAQ) Program, the acceptance of which obligates Urban County Government for the expenditure of $274,000 as local match. Budget Amendment in process. [L0663-20] [Burton/Albright]
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 6/25/2020
Risk Management: N/A
Fully Budgeted: FY2021 Budget Amendment is in process.
Account Number: 3160-303202-3251-91715
This Fiscal Year Impact: $1,370,000
Annual Impact: $
Project: MT_TABOR_2021
Activity: FED_GRANT
Budget Reference: 2021
Current Balance:
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 an Agreement, attached hereto and incorporated by reference, with the Kentucky Transportation Cabinet, for the acceptance of a Grant from the Kentucky Transportation Cabinet Office of Local Programs Congestion Mitigation and Air Quality (CMAQ) Program, which Grant funds are in the amount of $1,096,000.00 in Federal funds and are for the Mt. Tabor Multi-Modal Improvements Project, the acceptance of which obligates the Urban County Government to the expenditure of $274,000.00 as a local match.
Section 2 -.That subject to the provisions of Ordinance No. 22-79, the Mayor is hereby authorized, in her discretion as Chief Executive Officer of the Urban County Government, to transfer the unencumbered balance of any operating or capital account ap-propriation to another operating or capital account appropriation within the Grant budget established for this Grant.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR