Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Memorandum of Agreement with City Center Companies, LLC and L-M Asphalt Partners, Ltd. d/b/a ATS Construction, to provide for the sharing of costs for reconstruction of South Upper St. between West Vine St. and West Main St. and resurfacing of South Limestone St. between West Vine St. and West Main St., at a cost not to exceed $62,000. [Dept. of Environmental Quality and Public Works, Albright]
Summary
Authorization to enter into an Agreement between City Center Companies, LLC, LFUCG, and L-M Asphalt Partners Ltd, d/b/a ATS Construction for a cost share of the reconstruction of South Upper Street between West Vine Street and West Main Street and resurfacing of the remainder of South Limestone Street between West Vine Street and West Main Street, at a cost of $62,000.00. Funds were requested in the FY2020 Budget. (L0645-19) (Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: {Yes, Completed by Michael Cravens, June 5, 2019]}
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 2609-303301-0001-93011
This Fiscal Year Impact: $
Annual Impact: $62,000
Project: PAVING_2019
Activity: RESURFACE
Budget Reference: 2019
Current Balance: $531,285.34
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 a Memorandum of Agreement, which is attached hereto and incorporated herein by reference, with City Center Companies, LLC and L-M Asphalt Partners, Ltd., d/b/a ATS Construction, to provide for the sharing of costs for reconstruction of South Upper Street between West Vine Street and West Main Street and resurfacing of South Limestone Street between West Vine Street and West Main Street.
Section 2 - That an amount, not to exceed the sum of $62,000.00, be and hereby is approved...
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