Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 4 and accept additional federal funding in the amount of $73,600 from the Ky. Transportation Cabinet for the Right of Way Phase of the West Loudon Avenue Streetscape Project, the acceptance of which obligates the Urban County Government to the expenditure of $18,400 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. 4 and accept additional federal funding in the amount of $73,600 from the Kentucky Transportation Cabinet for the Right of Way Phase of the West Loudon Avenue Streetscape Project. The acceptance of which obligates the government to provide match in the amount of $18,400. Budget amendment in process. (L0613-25)(Burton/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Michael Sanner, 4/7/2025
Risk Management: N/A
Fully Budgeted: Budget amendment is in process.
Account Number: 3160-303202-3225-91714
This Fiscal Year Impact: $92,000
Annual Impact: Grant funds for these activities are anticipated in future Budget years.
Project: LOUD_SIDE_2016
Activity: ROW
Budget Reference: 2016
Current Balance: 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 execute Supplemental Agreement No. 4 and accept additional federal funding in the amount of $73,600.00 from the Kentucky Transportation Cabinet for the Right of Way Phase of the West Loudon Avenue Streetscape Project, the acceptance of which obligates the Urban County Government to the expenditure of $18,400.00 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
613-25:MRS:4930-4585-6334, v. 1