Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Contract Modification No. 1 to the Agreement with Gresham, Smith and Partners, for additional Town Branch Commons Corridor Design Services, increasing the cost of the contract price by the estimated sum of $2,100,000, from $929,283 to $3,029,283. [Mayor's Office, Emmons]
Summary
Authorization to execute a Contract Modification No. 1 with Gresham, Smith and Partners, for the Town Branch Commons Corridor Design Services, at a cost not to exceed $2,100,000.00. Funds are Budgeted. (L0868-17)(Emmons)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Select Yes/No, Completed by [Attorney Name, Date]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: Yes
Account Number: 3160-303202-3225-90313 - TOWN_COM_2016 $206,361.62
3160-303202-3225-91715 - TOWN_LEX_2016 $214,143.83
2606-133002-0001-90319 - TWNBR_PARK_2016 $490,237.53
2608-133001-0001-71205 - TWNBR_PARK_2018 $1,189,257.02
This Fiscal Year Impact: $2,100,000.00
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: 3160-303202-3225-90313 - TOWN_COM_2016 $206,361.62
3160-303202-3225-91715 - TOWN_LEX_2016 $214,143.83
2606-133002-0001-90319 - TWNBR_PARK_2016 $821,343.53
2608-133001-0001-71205 - TWNBR_PARK_2018 $1,300,000.00
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 Contract Modification No. 1, which is attached hereto and incorporated herein by reference, to the Agreement with Gresham, Smith and Partners, for additional Town Branch Commons Corridor Design Services, increasing the cost of the Contract price by the estimated sum of $2,100,000.00, from $929,283.00 to $3,029,283.00.
Section 2 - That an amount estimated not to exceed the sum of $2,100,000.00 be and hereby is approved for payment to Gresham, Smith and Partners, from accounts #3160-303202-91715 ($214,143.83), #3160-303202-90313 ($206,361.62), #2606-133002-90319 ($490,237.53), and #2608-133001-71205 ($1,189,257.02) pursuant to the terms of the Agreement.
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