Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Ky. Transportation Cabinet, for the acceptance of Federal funds in the amount of $320,000 for the design phase of the Town Branch Trail Commons-Midland Section, under the Congestion Mitigation and Air Quality (CMAQ) Program, the acceptance of which obligates the Urban County Government for the expenditure of $80,000 as a local match. [Div. of Grants and Special Programs, Gooding]
Summary
Authorization to execute Agreement with the Kentucky Transportation Cabinet for design phase of the Town Branch Trail Commons-Midland Section in the amount of $320,000.00 under the Congestion Mitigation Air Quality Program (CMAQ). Local match of $80,000.00 is required for Fiscal Year 2016. Budget amendment is in the process. (L0666-16) (Paulsen/Hoskins-Squier)
Budgetary Implications: Yes
Fully Budgeted : BA 7616 in process
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact: $400,000.00
Annual Impact: $
Project: TOWN_COM_2016
Activity: DESIGN
Budget Reference: 2016
Current Balance: BA 7616 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 to execute the Agreement, which is attached hereto and incorporated herein by reference, with the Kentucky Transportation Cabinet, for the acceptance of Federal funds in the amount of $320,000.00 for the design phase of the Town Branch Trail Commons-Midland Section under the Congestion Mitigation and Air Quality (CMAQ) Program, the acceptance of which obligates the Urban County Government for the expenditure of $80,000.00 as a local match.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
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CLERK OF URBAN COUNTY COUNCIL