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File #: 0703-13    Version: 1 Name: Fourth St Improvements-Reimbursement Agreement
Type: Resolution Status: Approved
File created: 6/21/2013 In control: Urban County Council
On agenda: 7/9/2013 Final action: 7/9/2013
Enactment date: 7/9/2013 Enactment #: R-385-2013
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Cost Sharing Agreement with Transylvania University for sidewalk reconstruction associated with the Ky. Transportation Cabinet Fourth Street Improvements Project at a cost not to exceed $220,000. [Div. of Engineering, Frazier]
Attachments: 1. Bluesheet request memorandum.pdf, 2. Reimbursement Agreement- Transy.pdf, 3. 00396815.pdf, 4. Resolution 385-2013.pdf, 5. Contract 177-2013-1.pdf, 6. Deed 7520.pdf, 7. Deed 7520-1.pdf
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Cost Sharing Agreement with Transylvania University for sidewalk reconstruction associated with the Ky. Transportation Cabinet Fourth Street Improvements Project at a cost not to exceed $220,000. [Div. of Engineering, Frazier]
Summary
Authorization to execute Reimbursement Agreement with Transylvania University for Fourth Street improvements.  (L0703-13) (Frazier/Paulsen)
This is a request to execute Reimbursement Agreement with Transylvania University for an amount not to exceed $220,000 for Fourth Street improvements.  Funds are budgeted.
 
Budgetary Implications: Yes
 
Fully Budgeted: Yes
 
Account Number:      1136-303202-3251-91715
This Fiscal Year Impact:      $ 220,000.00
Current Balance: $ 2,051,662.35
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 a Cost Sharing Agreement, which is attached hereto and incorporated herein by reference, with Transylvania University for sidewalk reconstruction associated with the Kentucky Transportation Cabinet Fourth Street Improvements Project.
      Section 2 - That an amount, not to exceed the sum of $220,000.00, be and hereby is approved for payment from account # 1136-303202-91715, pursuant to the terms of the Cost Sharing Agreement.
      Section 3. - That this Resolution shall become effective on the date of its passage.
      PASSED URBAN COUNTY COUNCIL:
 
 
                                    ___________________________________
                                    MAYOR
 
ATTEST:
 
________________________________
CLERK OF URBAN COUNTY COUNCIL