Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Ky. Transportation Cabinet (“Cabinet”) in order to accept a Grant from the Cabinet and the Lexington Area Metropolitan Planning Organization (“MPO”), which Grant funds are in the amount of $200,000 in Surface Transportation Block Grant-Lexington (STBG-SLX) Federal funds for the Northeast New Circle Rd. Corridor Plan as part of the MPO’S FY 2021-2024 Transportation Improvement Program, the acceptance of which obligates the Urban County Government to the expenditure of $50,000 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Planning, Duncan]
Summary
Authorization to accept Grant award and to execute Agreement from the Kentucky Transportation Cabinet in the amount of $200,000 for the Northeast New Circle Road Corridor Plan. Local Grant match in the amount of $50,000 required. BA in process. (L0659-21) (Duncan/Atkins)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 6/21/2021
Risk Management: N/A
Fully Budgeted: FY2022 Budget amendment is in process.
Account Number: 3160-160705-0001-XXXXX
This Fiscal Year Impact: $250,000
Annual Impact: $0
Project: NEWCIRCLE_2022
Activity: FED_GRANT
Budget Reference: 2022
Current Balance: FY2022 Budget amendment is 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 an agreement with the Kentucky Transportation Cabinet (“Cabinet”) in order to accept a grant from the Cabinet and the Lexington Area Metropolitan Planning Organization (“MPO”), which Grant funds are in the amount of $200,000.00 in Surface Transportation Block Grant - Lexington (STBG-SLX) Federal funds for the Northeast New Circle Road Corridor Plan as part of the MPO’s FY 2021-2024 Transportation Improvement Program, the acceptance of which obligates the Urban County Government to the expenditure of $50,000.00 as a local match.
Section 2 - That subject to the provisions of Ordinance No. 22-79, 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: