Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 1 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $518,400, relating to the construction phase of the Man o’ War and Alumni Dr. Intersection Project, the acceptance of which obligates the Urban County Government for the expenditure of $129,600 as a local match. [Div. of Engineering, Burton]
Summary
Authorization to execute Supplemental Agreement No. 1 with the Kentucky Transportation Cabinet, accepting additional Federal funds in the amount of $518,400 for the Man O War & Alumni Drive Intersection Project for construction. Budget Amendment in process. (L1414-16) (Burton/Paulsen)
Budgetary Implications: Yes
Advance Document Review:
Law: {Yes, Completed by [Attorney Name, Date]}
Fully Budgeted: BA #8031 is in process
Account Number: 3160-303202-3251-91715
This Fiscal Year Impact: $648,000
Annual Impact: $648,000
Project: MOW_ALUM_2014
Activity: FED_GRANT
Budget Reference: 2017
Current Balance: BA #8031 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 to execute Supplemental Agreement No. 1, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $518,400.00, relating to the construction phase of the Man o’ War and Alumni Drive Intersection Project, the acceptance of which obligates the Urban County Government for the expenditure of $129,600.00 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