Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 1 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $28,000 for the Polo Club Blvd. Design Phase, the acceptance of which obligates the Urban County Government for the expenditure of $7,000 as a local match. [Div. of Grants and Special Programs/Dept. of Planning, Preservation and Development, Gooding/Paulsen]
Summary
Authorization to execute Supplemental Agreement No. 1 with the Kentucky Transportation Cabinet, accepting additional federal funds for Polo Club Boulevard Design Phase. (L0079-14) (Gooding/Paulsen)
This is a request to execute Supplemental Agreement No. 1 with the Kentucky Transportation Cabinet, accepting additional federal funds in the amount of $28,000 for Polo Club Boulevard Design Phase. Additional matching funds of $7,000 are required. This increase brings the total design phase cost to $200,000. Funds are budgeted.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: BA 5398 and 5399 are in process
Account Number: 3160-303202-3251-XXXXX
This Fiscal Year Impact: $35,000 (Federal plus match)
Annual Impact:
Project: POLO_2013
Activity:
Budget Reference:
Current Balance: BA 5398 and 5399 are 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. 1, 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 $28,000.00 for the Polo Club Boulevard Design Phase, the acceptance of which obligates the Urban County Government for the expenditure of $7,000.00 as a local match.
Section 2 ...
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