Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 1 with the Ky. Transportation Cabinet, for the acceptance of additional Federal funds in the amount of $8,800 for the Fourth Street Corridor Enhancement Project, the acceptance of which obligates the Urban County Government for the expenditure of $2,200 as a local match. [Div. of Engineering, Burton]
Summary
Authorization to execute Supplemental Agreement No. 1 with the Kentucky Transportation Cabinet, accepting additional Federal funds in the amount of $8,800 for the Fourth Street Corridor Enhancement Project for additional design costs. Matching funds in the amount of $2,200 are required. Budget Amendment is in process. (L0381-17) (Burton/Paulsen)
Budgetary Implications: Yes
Advance Document Review:
Law: { Select Yes/No, Completed by [Attorney Name, Date]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted: BA 8317 is in process.
Account Number: 3160-303202-3225-91714
This Fiscal Year Impact: $11,000
Annual Impact: $11,000
Project: FOUR_SIDE_2016
Activity: DESIGN
Budget Reference: 2017
Current Balance: BA 8317 is 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 Supplemental Agreement No. 1, 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 $8,800.00 for the Fourth Street Corridor Enhancement Project, the acceptance of which obligates the Urban County Government for the expenditure of $2,200.00 as a local match.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL