Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 1 (Final) to the Contract Agreement with Lagco, Inc, for the completion of Meadowthorpe Area Stormwater Improvement Project - Phase 1, increasing the Contract by the sum of $96,727.62, from $564,239.00 to $660,966.62. [Div. of Water Quality, Martin]
Summary
Authorization to approve Change Order #1 (Final) with Lagco Inc. for completion of Meadowthorpe Area Stormwater Improvement Project - Phase 1 increasing the project cost by $96,727.62 to total $660,996.62. Funds are Budgeted. (L1064-24) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes Evan Thompson 10/7/24
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3334-92211
This Fiscal Year Impact: $96,727.62
Annual Impact: $
Project: HILLSBORO
Activity: CONSTRUCT_CAP
Budget Reference: 2024
Current Balance: $912,537.00
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 Change Order No. 1 (Final), which is attached hereto and incorporated herein by reference, to the Contract Agreement with Lagco, Inc., for completion of Meadowthorpe Area Stormwater Improvement Project - Phase 1, for the Division of Water Quality, increasing the contract price by the sum of $96,727.62, from $564,239.00 to $660,966.62.
Section 2 - That an amount, not to exceed the sum of $96,727.62, be and hereby is approved for payment to Lagco, Inc., from account # 4052-303204-3334-92211, pursuant to the terms of the Change Order.
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
1064-24:EPT_4874-5604-4534, v. 1