Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Fayette Fiscal Court (Fayette County Judge/Executive), relating to the expenditure of County Road Aid Fund Program monies for Fayette County in FY 2018; and establishing a Budget for County Road projects in the amount of $740,550. [Div. of Engineering, Burton]
Summary
Authorization to execute the FY-2018 Agreement with the Fayette Fiscal Court accepting and establishing funding for projects in the rural service area. The estimated amount of the funds is $740,550.00 from the KYTC Office of Rural and Municipal Aid. A Budget Amendment will follow the acceptance of the Agreement. (L709-17) (Burton/Paulsen)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { No}
Risk Management: {No}
Fully Budgeted: BA to follow
Account Number:
This Fiscal Year Impact:
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Urban County Government, be and hereby is authorized and directed to execute the Agreement, which is attached hereto and incorporated herein by reference, with the Fayette Fiscal Court (Fayette County Judge/Executive), relating to the expenditure of County Road Aid Fund Program monies for Fayette County in FY 2018.
Section 2 - That a Budget for county Rd. projects in the amount of $740,550.00 be and hereby is established in account #1137-011001-44040, pursuant to the terms of the Agreement and subject to a pending Budget amendment.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
______________________________
CLERK OF URBAN COUNTY COUNCIL