Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Ky. Transportation Cabinet, for the acceptance of Federal funds in the amount of $120,000 for the design phase of the Streetscape Improvements to the Fourth St. Corridor, under the Congestion Mitigation and Air Quality (CMAQ) Program, the acceptance of which obligates the Urban County Government for the expenditure of $30,000 as a local match. [Div. of Engineering, Burton]
Summary
Authorization to execute Agreement with the Kentucky Transportation Cabinet for streetscape improvements from 485 West 4th Street - 217 West 4th Street, accepting federal funds in the amount of $120,000 for the Design phase under the Congestion Management and Air Quality (CMAQ) Program. Local match of $30,000.00 required for design cost. Budget amendment in process. (L0651-16) (Burton/Paulsen)
Budgetary Implications: Yes
Advance Document Review: No
Fully Budgeted: BA 7596 in process
Account Number: 3160-303202-3225-91714
This Fiscal Year Impact: $150,000.00
Annual Impact: $
Project: FOUR_SIDE_2016
Activity: FED_GRANT
Budget Reference: 2016
Current Balance: BA 7596 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 to execute the Agreement, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of Federal funds in the amount of $120,000.00 for the design phase of the Streetscape Improvements to the Fourth Street Corridor, under the Congestion Mitigation and Air Quality (CMAQ) Program, the acceptance of which obligates the Urban County Government for the expenditure of $30,000.00 as a local match.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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