Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Contract Modification No. 1 to an Agreement with Palmer Engineering, Inc., to unencumber funds no longer needed for the design of the Harrodsburg Rd. Trail Project, decreasing the Contract price by the sum of $224,684.83 and reducing the total Contract price from $938,577.00 to $713,892.17. [Div. of Engineering, Burton]
Summary
Authorization to execute Contract Modification No. 1 to the Agreement with Palmer Engineering, Inc., for the Harrodsburg Road Trail project to remove an allowance from the Contract for designing and permitting a bridge over South Elkhorn Creek. The Change Order is to decrease the Contract in the amount of $224,684.83 for a Contract total of $713,892.17. (L0335-24) (Burton/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Ashleigh Bailey 3/22/2024
Risk Management: N/A
Fully Budgeted: Yes
Account Number: 3230-303202-3225-90313
This Fiscal Year Impact: -$ 224,684.83
Annual Impact: $0
Project: AR_HRRDTRL_2022
Activity: DESIGN
Budget Reference: 2022
Current Balance: $101,423
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 Contract Modification No. 1 to the Agreement, which is attached hereto and incorporated herein by reference, with Palmer Engineering, Inc., to unencumber funds no longer needed for the design of the Harrodsburg Road Trail Project, decreasing the Contract price by the sum of $224,684.83 and reducing the total Contract price from $938,577.00 to $713,892.17.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
0335-24:ANB:4880-1588-6770, v. 1