Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Ky. Transportation Cabinet (KYTC), delegating responsibility for operation and maintenance costs for traffic signals and electrical traffic control devices on the State Primary Rd. System in Fayette County, which shall be reimbursed by KYTC up to $426,000. [Div. of Traffic Engineering, Neal]
Summary
Authorization to renew the Annual MOA between the Kentucky Transportation Cabinet (KYTC) and the LFUCG Division of Traffic Engineering for the operation and maintenance of traffic signals and electrical traffic control devices on the State Primary Road System at $396,000.00, along with an additional $30,000.00 associated with replacing the Lane Use Control (LUC) signs on US 27. This Agreement is not to exceed the reimbursement cost of $426,000.00 for the effective period of July 1, 2024, through June 30, 2025. (L0549-24) (Neal/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Attorney Gabriel Thatcher, May 6, 2024
Risk Management: NA
Fully Budgeted: Partially Budgeted FY25 MPB, BA to follow for $30,000
Account Number: 1141-303602-3601-XXXXX (various accounts)
This Fiscal Year Impact: $426,000 FY 25
Annual Impact:
Project:
Activity:
Budget Reference:
Current Balance: Partially Budgeted FY25 MPB, BA to follow for $30,000
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 the renewal Agreement, which is attached hereto and incorporated herein by reference, with the Ky. Transportation Cabinet (KYTC), delegating responsibility for operation and maintenance costs of traffic signals and electronic traffic control devices on the state primary Rd. system in Fayette County, which shall be reimbursed by KYTC up to $426,000.00.
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