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 $480,000 Federal funds, are for Intelligent Transportation System/Congestion Management System (ITS/CMS) Traffic Improvement Projects for FY 2016, the acceptance of which obligates the Urban County Government for the expenditure of $120,000 as a 20% local match, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs/Dept. of Planning, Preservation and Development, Gooding/Paulsen]
Summary
Authorization to accept an award of federal funds from the Kentucky Transportation Cabinet for ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project for FY 2016. Funds will be used for overtime, professional development, mileage, and traffic signal equipment. The award amount is $480,000 in federal funds. A local match of $120,000 (20%) is required. The match funds have been requested in the FY2016 budget. Acceptance of the award will be subject to the availability of funds in FY2016. (L0584-15)(Gooding/Paulsen)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: FY 2016 BA in Process
Account Number: 3160-303602-3601-XXXXX
This Fiscal Year Impact: $
Annual Impact: $600,000.00
Project: ITS_CMS_2016
Activity: FED_GRANT
Budget Reference: 2016
Current Balance: FY 2016 BA 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, which Grant funds are in the amount of $480,000.00 Federal funds, are for Intelligent Transportation System/Congestion Management System (ITS/CMS) Tra...
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