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 $480,000 Federal funds, are for Intelligent Transportation System/Congestion Management System (ITS/CMS) Traffic Improvement Projects for FY 2016, the acceptance of which obligates the Urban County Government for the expenditure of $120,000 as a 20% local match, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs/Dept. of Planning, Preservation and Development, Gooding/Paulsen]
Summary
Authorization to accept an award of federal funds from the Kentucky Transportation Cabinet for ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project for FY 2016. Funds will be used for overtime, professional development, mileage, and traffic signal equipment. The award amount is $480,000 in federal funds. A local match of $120,000 (20%) is required. The match funds have been requested in the FY2016 budget. Acceptance of the award will be subject to the availability of funds in FY2016. (L0584-15)(Gooding/Paulsen)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: FY 2016 BA in Process
Account Number: 3160-303602-3601-XXXXX
This Fiscal Year Impact: $
Annual Impact: $600,000.00
Project: ITS_CMS_2016
Activity: FED_GRANT
Budget Reference: 2016
Current Balance: FY 2016 BA 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, which Grant funds are in the amount of $480,000.00 Federal funds, are for Intelligent Transportation System/Congestion Management System (ITS/CMS) Traffic Improvement Projects for FY 2016, the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $120,000.00 as a 20% 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:
____________________________________
MAYOR
ATTEST:
_____________________________
CLERK OF URBAN COUNTY COUNCIL