Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Amendment to Agreement with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds for the Old Frankfort Pike/Alexandria Dr. Stone Fence Project in the amount of $120,000, the acceptance of which obligates the Urban County Government for the expenditure of $30,000 as a local match, and extending the project through June 30, 2013. [Div. of Grants and Special Programs, Gooding]
Summary
Authorization to accept additional federal funds and to execute an amendment to Agreement with the Kentucky Transportation Cabinet for the Old Frankfort Pike/Alexandria Drive Stone Fence Project. (L1008-12) (Gooding)
This is a request to accept additional federal funds in the amount of $120,000 and to execute an amendment to Agreement with the Kentucky Transportation Cabinet to extend the Old Frankfort Pike/Alexandria Drive Stone Fence Project through June 30, 2013. An additional local match of $30,000 is required. This increase brings the total new project cost to $275,000 ($220,000 federal and $55,000 local match).
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: BA 4456 and BA 4457 are in process
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: BA 4456 and BA 4457 are 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 execute an Amendment to Agreement which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of additional Federal funds for the Old Frankfort Pike/Alexandria Drive Stone Fence Project in the amount of $120,000.00, the acceptance of which obligates the Urban County Government ...
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