Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Commonwealth of Ky. Transportation Cabinet, for reimbursement for sanitary sewer improvements on Fourth Street at a cost not to exceed $793,064. [Div. of Water Quality, Martin]
Summary
Authorization to execute an agreement with the Kentucky Transportation Cabinet (KTC) for reimbursement for sanitary sewer improvements to replace failing sanitary sewer lines on Fourth Street. (L0094-12) (Martin/Moloney)
This is a request to execute an agreement with the KTC for reimbursement for sanitary sewer improvements to replace failing sanitary sewer lines on Fourth Street. The estimated cost is $793,064. Funds are budgeted.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: YES
Account Number: 4003-303408-3462-92811
This Fiscal Year Impact: $793,064.00
Annual Impact: $
Project: SSREHAB_2013
Activity: CONSTRUCT
Budget Reference: 2013
Current Balance: $ 3,810,830.73
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 Commonwealth of Kentucky Transportation Cabinet, for reimbursement for sanitary sewer improvements on Fourth Street.
Section 2 - That an amount, not to exceed the sum of $793,064.00, be and hereby is approved for payment to the Commonwealth of Kentucky Transportation Cabinet, from account #4003-303408-92811, pursuant to the terms of the Agreement.
Section 3 - That this Ordinance shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
_____________________________
CLERK OF URBAN COUNTY COUNCIL