Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 4 with the Ky. Transportation Cabinet, accepting a Grant in the amount of $65,000 Federal funds, for the Loudon Ave. Improvements Project, the acceptance of which does not obligate the Urban County Government for the expenditure of funds, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs, Gooding]
Summary
Authorization to execute Supplemental Agreement No. 4 with the Kentucky Transportation Cabinet providing additional federal funds for the construction phase of the Loudon Avenue Improvements Project. (L290-12) (Gooding/Moloney)
This is a request to execute Supplemental Agreement No. 4 with the Kentucky Transportation Cabinet providing additional federal funds in the amount of $65,000 for the construction phase of the Loudon Avenue Improvements Project.
Budgetary Implications: No
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes/No/Partial
Account Number:
This Fiscal Year Impact: $0
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: N/A
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 Supplemental Agreement No. 4 with the Kentucky Transportation Cabinet, accepting a grant in the amount of $65,000.00 Federal funds, for the Loudon Avenue Improvements Project, the acceptance of which does not obligate the Lexington-Fayette Urban County Government for the expenditure of funds.
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
PUBLISHED:
290-12_MKH_X:\Cases\COMDEV\12-LE0001\LEG\00341042.DOC