Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Ky. Transportation Cabinet, for the acceptance of Federal funds in the amount of $399,608, for the construction phase of the Man O’ War Blvd. and Pink Pigeon Pkwy. Intersection Project, the acceptance of which obligates the Urban County Government for the expenditure of funds in the amount of $99,902 as a local match. [Div. of Engineering, Burton]
Summary
Authorization to execute Agreement with the Kentucky Transportation Cabinet. accepting federal funds in the amount of $399,608.00 in federal funds for the construction of Man O’ War Boulevard & Pink Pigeon Parkway Intersection Project. Local match of $99,902.00 will come from the Municipal Aid Program. Budget amendment in process. (L0661-16) (Burton/Paulsen)
Budgetary Implications: Yes
Fully Budget: BA 7606 in process
Account Number: 3160-303202-3251-XXXXX
1136-303202-3225-78201 (Grant Match)
This Fiscal Year Impact: $466,510.00
Annual Impact: $
Project: MOW_PINK_2014
Activity: CONST
Budget Reference: 2014
Current Balance: BA 7606 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 the Agreement, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of Federal funds in the amount of $399,608.00, for the Construction phase of the Man O’ War Boulevard and Pink Pigeon Parkway Intersection Project, the acceptance of which obligates the Urban County Government for the expenditure of funds in the amount of $99,902.00 as a local match.
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