Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 3 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $212,000 for the Construction Phase of the Fourth Street Corridor Enhancement Project, the acceptance of which does not obligate the Urban County Government for the expenditure of funds. [Div. of Engineering, Burton]
Summary
Authorization to execute Supplemental Agreement No. 3 with the Kentucky Transportation Cabinet, accepting $212,000 of additional federal CMAQ funds for the construction phase of the Fourth Street Corridor Enhancement Project. No additional matching funds are required. Budget amendment in process. (L1246-19) (Burton/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Melissa Moore Murphy, 11/14/19
Risk Management: N/A
Fully Budgeted [select]: Budget Amendment 10382 is in process.
Account Number: 3160-303202-3225-91714
This Fiscal Year Impact: $212,000
Annual Impact: $0
Project: FOUR_SIDE_2016
Activity: CONSTRUCT
Budget Reference: 2016
Current Balance: 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 execute Supplemental Agreement No. 3, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $212,000.00 for the Construction Phase of the Fourth Street Corridor Enhancement Project, the acceptance of which does not obligate the Urban County Government for the expenditure of funds.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
__________...
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