Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 2 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $25,000 for the utility phase of the Rose St. Bike Lane Project, the acceptance of which obligates the Urban County Government for the expenditure of $6,250 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. 2 with the Kentucky Transportation Cabinet accepting additional federal funds for utility phase of bike lane project on Rose Street. (L0437-14) (Gooding/Paulsen)
This is a request to execute Supplemental Agreement No. 2 with the Kentucky Transportation Cabinet accepting additional federal funds in the amount of $25,000 for utility phase of bike lane project on Rose Street. This increase brings the new total project cost to $57,250. A local match of $6,250 is required. Budget amendments are in process.
Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: BA 5677 and 5678 are in process
Account Number:
This Fiscal Year Impact:
Annual Impact: $57,250
Project:
Activity:
Budget Reference:
Current Balance: BA 5677 and 5678 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. 2, 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 $25,000.00 for the utility phase of the Rose Street Bike Lane Project, the acceptance of which obligates the Urban County Government for the expenditure of $6,250.00 as a local match....
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