Title
A Resolution authorizing 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 the ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project, the acceptance of which obligates the Urban County Government for the expenditure of $120,000 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant budget. [Div. of Grants and Special Programs/Dept. of Environmental Quality and Public Works, Gooding/Holmes]
Summary
Authorization to accept award from the Kentucky Transportation Cabinet for ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project for FY 2015. (L0625-14) (Gooding/Holmes)
This is a request to accept award for an amount of $480,000 from the Kentucky Transportation Cabinet for ITS/CMS Traffic Improvements Project for FY 2015. A 20% local match of $120,000 has been requested in the Division of Traffic Engineering FY 2015 general fund budget.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: FY 2015 Budget Amendment in process
Account Number: 3160-303602-3160-XXXXX
This Fiscal Year Impact:
Annual Impact: $600,000
Project: ITS_CMS_2015
Activity: FED_GRANT
Budget Reference: 2015
Current Balance: FY 2015 Budget Amendment 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 accept a grant from the Kentucky Transportation Cabinet, which grant funds are in the amount of $480,000.00 Federal Funds, are for the ITS/CMS (Intelligent Transportation System/Congestion Management System) Traffic Improvements Project, and the acceptance of which obligates the Lexington-Fayette Urban County Governmen...
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