Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 1 with the Ky. Transportation Cabinet to accept an additional Grant of $263,000 in Federal funds from the Ky. Transportation Cabinet Transportation Alternatives Program (tap), for the design phase of the Alumni Dr. Shared Use Path Project, the acceptance of which obligates the Urban County Government to the expenditure of $65,750 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Engineering, Burton]
Summary
Authorization to execute Supplemental Agreement No. 1 with the Kentucky Transportation Cabinet and to accept additional federal Transportation Alternatives Program (TAP) funds in the amount of $263,000 for the design phase of the Alumni Drive Shared Use Path Project, as funded under the KYTC TAP Program for capital improvements projects. Acceptance of these funds requires $65,750 in local match. Budget amendment in process. (L0423-24) (Burton/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 4/9/2024
Risk Management: N/A
Fully Budgeted: Budget amendment is in process.
Account Number: 3160-303202-3251-91715
This Fiscal Year Impact: $328,750
Annual Impact: $0
Project: ALUMNI_PTH_2023
Activity: DESIGN
Budget Reference: 2023
Current Balance: Budget amendment 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 execute Supplemental Agreement No. 1, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet to accept an additional Grant of $263,000.00 in Federal funds from the Kentucky Transportation Cabinet Transportation Alternatives Program (TAP), for the design phase of the Alumni Drive Shared Use Path Project, the acceptance of which obligates the Lexington-Fayette Urban County Government to the expenditure of $65,750.00 as a local match.
Section 2 - That subject to the provisions of Section 7-48 of the Lexington-Fayette Urban County Government Code of Ordinances, 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 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
0423-24:BGS:4889-3166-0984, v. 1