Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Contract Modification No. 2 to the Agreement with Gresham, Smith and Partners, for additional Town Branch Commons Corridor Design Services, increasing the cost of the contract price by the sum of $121,675.00, from $2,993,979.39 to $3,115,654.39. [Dept. of General Services, Reed]
Summary
Authorization to execute Contract Modification No. 2 to the Agreement with Gresham Smith and Partners, for the Town Branch Commons Corridor Design Services, increasing the Contract price by the sum of $121,675.00 from $2,993,979.39 to $3,115,654.39. Funds are Budgeted. (L1207-18) (Peacher/Reed)
Budgetary Implications: No
Advance Document Review:
Law: { Select Yes/No, Completed by [Attorney Name, Date]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted: Yes
Account Number: 2608-133001-0001-71205
This Fiscal Year Impact: $121,675
Annual Impact: N/A
Project: TWNBR_PARK_2018
Activity: DESIGN_CAP
Budget Reference:
Current Balance: encumbered
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 Contract Modification No. 2, which is attached hereto and incorporated herein by reference, to the agreement with Gresham, Smith and Partners, for additional Town Branch Commons Corridor Design Services, increasing the cost of the contract price by the sum of $121,675.00, from $2,993,979.39 to $3,115,654.39.
Section 2 - That an additional amount not to exceed the sum of $121,675.00 be and hereby is approved for payment to Gresham, Smith and Partners, from account #2608-133001-71205 pursuant to the terms of the modified agreement.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: