Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. One (1) to the Grant Agreement with Colt Engineering, Inc. d/b/a Thoroughbred Engineering, for a Stormwater Quality Incentive Grant Project, increasing the Grant award by $111,281.80 and raising the total Grant to $289,956.80. [Div. of Water Quality, Martin]
Summary
Authorization to approve an increasing Change Order of $111,281.80 to the Stormwater Quality Projects Incentive Grant with Colt Engineering, Inc., dba Thoroughbred Engineering, Contract #050-2020, bringing the total Grant award to $289,956.80. The increase is due to inflationary costs for materials and construction and in total quantities needed to complete the project. Funds are Budgeted. (L0532-23) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3373-78112
This Fiscal Year Impact: $111,281.80
Annual Impact: $
Project: WQINCENTIVE_23
Activity: WQ_GRANT
Budget Reference:
Current Balance: $158,939.25
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 Change Order No.
One (1), which is attached hereto and incorporated herein by reference, to the Grant Agreement with Colt Engineering, Inc. d/b/a Thoroughbred Engineering, for a Stormwater Quality Incentive Grant Project, increasing the total Grant award price by $111,281.80 and raising the total Grant to $289,956.80.
Section 2 - That an amount, not to exceed the additional sum of $111,281.80, is hereby authorized for payment to Colt Engineering, Inc. d/b/a Thoroughbred Engineering, from account # 4052-303204-3373-78112, pursuant to the terms of Change Order One (1).
Section 3 - That this Resolution shall become effec...
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