Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Amendment to Agreement with Lexington Community Land Trust, Inc., for an additional $100,000 for design mitigation expenses for the Newtown Pike Extension Project. [Div. of Grants and Special Programs/Dept. of Planning, Preservation and Development, Gooding/Paulsen]
Summary
Authorization to execute Amendment to Agreement with Lexington Community Land Trust, Inc., for Newtown Pike Extension Project. (L0852-14)(Gooding/Paulsen)
This is a request to execute Amendment to Agreement with Lexington Community Land Trust, Inc., for Newtown Pike Extension Project, for additional funds in the amount of $100,000 for design mitigation expenses. Funds are budgeted.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: YES
Account Number: 3160-303202-3211-91715
This Fiscal Year Impact: $100,000
Annual Impact: $
Project: NEWTOWNPK_2011
Activity: SUPPL_2015
Budget Reference: 2011
Current Balance: $150,000
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 Lexington Community Land Trust, Inc., for an additional $100,000.00 for design mitigation expenses for the Newtown Pike Extension Project.
Section 2 - That an amount, not to exceed the additional sum of $100,000.00, be and hereby is approved for payment to Lexington Community Land Trust, Inc., from account #3160-303202-91715, pursuant to the terms of the amendment to agreement.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________...
Click here for full text