Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to accept a Grant from the Ky. Transportation Cabinet, which Grant funds are in the amount of $480,000 Federal funds, are for the ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project, the acceptance of which obligates the Urban County Government for the expenditure of $120,000 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs/Dept. of Environmental Quality and Public Works, Gooding/Holmes]
Summary
Authorization to accept award from the Kentucky Transportation Cabinet for ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project for FY 2015. (L0625-14) (Gooding/Holmes)
This is a request to accept award for an amount of $480,000 from the Kentucky Transportation Cabinet for ITS/CMS Traffic Improvements Project for FY 2015. A 20% local match of $120,000 has been requested in the Division of Traffic Engineering FY 2015 general fund budget.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: FY 2015 Budget Amendment in process
Account Number: 3160-303602-3160-XXXXX
This Fiscal Year Impact:
Annual Impact: $600,000
Project: ITS_CMS_2015
Activity: FED_GRANT
Budget Reference: 2015
Current Balance: FY 2015 Budget Amendment 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 to accept a grant from the Kentucky Transportation Cabinet, which grant funds are in the amount of $480,000.00 Federal Funds, are for the ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project, and the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $120,000.00, as a local match.
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 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:
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CLERK OF URBAN COUNTY COUNCIL