Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept a Grant from the Ky. Transportation Cabinet, which Grant funds are in the amount of $2,721,700 Federal funds, are for the Legacy Trail Phase III, the acceptance of which obligates the Urban County Government for the expenditure of $680,425 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs, Gooding]
Summary
Authorization to accept award of federal funds from the Kentucky Transportation Cabinet under the Transportation Enhancement Program for Legacy Trail Phase III. (L628-12) (Gooding/Moloney)
This is a request to accept award of federal funds from the Kentucky Transportation Cabinet under the Transportation Enhancement Program for an amount of $2,721,700 for Legacy Trail Phase III. The required match of $680,425 will be documented from the value of permanent easements donated for Legacy Trail Phases I and II. Budget amendment is in process.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: 2013 Budget Amendment in process
Account Number:
This Fiscal Year Impact: $0
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: 2013 Budget Amendment 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 accept a grant from the Kentucky Transportation Cabinet, which Grant funds are in the amount of $2,721,700.00 Federal funds, are for the Legacy Trail Phase III and the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $680,425.00 as a local match.
Section 2 - That subject to the provisions of Ordinance No. 22-79, the Mayor is hereby authorized, in his discretion as Chief Executive Officer of ...
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