Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 5 (Final) to the Agreement with Lagco Inc., for Joyland Area Storm Drainage Project- Contract No. 365-2024, for the Div. of Water Quality, increasing the Contract by the sum of $104,952, from $1,182,126 to $1,287,078. [Div. of Water Quality, Martin]
Summary
Authorization to execute Final Change Order No.5 to the Agreement with Lagco Inc. increasing the Contract price by the sum of $104,954.31 from $1,182,126.00 to $1,287,080.31 for the Joyland Area Storm Drainage Project- Contract No. 365-2024. Budget amendment in process. (L0222-26)(Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes J. Todd Henning
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3334-92211
This Fiscal Year Impact: $104,954.31
Annual Impact: $
Project: JOYLAND_2021
Activity: CONSTRUCT
Budget Reference:
Current Balance: $104,954.31
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 Change Order No. 5 (final), which is attached hereto and incorporated herein by reference, to the agreement with Lagco Inc., for Joyland Area Storm Drainage Project- Contract No. 365-2024, for the Division of Water Quality, increasing the contract price by the sum of $104,952.00, from $1,182,126.00 to $1,287,078.00.
Section 2 - That an amount, not to exceed the sum of $104,952.00, be and hereby is approved for payment to Lagco Inc., from accounts # 4052-303204-92211 and 4052-303204-71223, pursuant to the terms of the Change Order.
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
0222-26:JTH:4928-0365-8649, v. 1