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 $603,120.00 Federal funds, are for the Old Frankfort Pike Scenic Byway Viewing Area, the acceptance of which obligates the Urban County Government for the expenditure of $150,780.00 as an in-kind 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 award of federal funds in the amount of $603,120 from the Kentucky Transportation Cabinet under the Transportation Alternatives Program (TAP) for Old Frankfort Pike Scenic Byway Viewing Area. (L0162-15)(Gooding/Paulsen)
This is a request to accept award of federal funds in the amount of $603,120 from the Kentucky Transportation Cabinet under the Transportation Alternatives Program (TAP) for Old Frankfort Pike Scenic Byway Viewing Area. Budget Amendment 6304 is in process.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: BA 6304 is in process
Account Number: 3160-160201-0001-XXXXX
This Fiscal Year Impact:
Annual Impact: $753,900
Project: TAP_OFP_2015
Activity:
Budget Reference:
Current Balance: BA 6304 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 accept a grant from the Kentucky Transportation Cabinet, which Grant funds are in the amount of $603,120.00 Federal funds, are for the Old Frankfort Pike Scenic Byway Viewing Area, and the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $150,780.00 as an in-kind 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:
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CLERK OF URBAN COUNTY COUNCIL