Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 1 to the Agreement with Lagco, Inc. for construction of the Meadows/Northland/Arlington Public Improvements Project, Phase 6-C1 A and B, increasing the Contract price by $1,680,425, raising the total price to $2,445,237. [Div. of Engineering, Burton]
Summary
Authorization to Execute Change Order No. 1 with Lagco, Inc., for construction of Meadows/Northland/Arlington Public Improvement Project Phase 6-C1 A & B at a cost of $1,680,425.00. Resolution 445-2023 approved funding in the amount of $764,812 for Phase 6C-1B of the project. The new total project cost is $2,445,237.00. Funds are Budgeted. (L1155-23) (Burton/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted : Yes
Account Number: 3120-303202-3211-91713 $1,521,825.00
4003-303202-3223-91715 $206,639.28
This Fiscal Year Impact: $1,680,425.00
Annual Impact: $
Project: CDBG_2023; CDBG_2024; MNA_PH6A_2019
Activity: C03; CONSTRUCT
Budget Reference: 2023; 2024; 2019
Current Balance: $2,137,629.58
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 execute Change Order No. 1, which is attached hereto and incorporated herein by reference, to the Agreement with Lagco, Inc., for construction of the Meadows/Northland/Arlington Public Improvements Project, Phase 6-C1 A and B, increasing the Contract price by the sum of $1,680,425.00, raising the total price to $2,445,237.00.
Section 2 - That an amount, not to exceed the sum of $1,680,425.00, be and hereby is approved for payment to Lagco, Inc., from account # 3120-303202-91713 ($1,521,825.00) and account # 4003-303202-91715 ($158,600.00), pursuant to the terms of the Change Order and the Agreement.
Section 3 - That this Resolution shall becom...
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