Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 3 with the Ky. Transportation Cabinet, for the acceptance of additional funds for the Todds/Liberty Rd. Widening and Reconstruction Project, Section 1, in the amount of $145,000, the acceptance of which does not obligate the Urban County Government for the expenditure of funds. [Div. of Grants and Special Programs/Dept. of Planning, Preservation and Development, Gooding/Paulsen]
Summary
Authorization to execute Supplemental Agreement. No. 3 for additional utility phase work for the Liberty/Todds Road Project-Section I. (L0030-13) (Gooding/Paulsen)
This is a request to execute Supplemental Agreement. No. 3 for additional utility phase work for the Liberty/Todds Road Project-Section I for an amount of $145,000. This increase brings the total cost to $1,145,000 for utility phase work and to $5,186,975 for all phases. Funds are budgeted.
Budgetary Implications: NO
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number: 3160-303202-3211-91715
This Fiscal Year Impact: $145,000
Annual Impact: $
Project: LIBERTYTD_2000
Activity:
Budget Reference:
Current Balance: $6,457,989.96
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. 3, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of additional funds for the Todds/Liberty Road Widening and Reconstruction Project, Section 1, in the amount of $145,000.00, the acceptance of which does not obligate the Urban County Government for the expenditure of funds.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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