Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to accept additional Federal Grant funds from the Ky. Transportation Cabinet, which Grant funds are in the amount of $2,000,000, under the Congestion Mitigation and Air Quality (CMAQ) Program, are for the construction phase of the Town Branch Commons Trail Zone 1, the acceptance of which obligates the Urban County Government for the expenditure of $500,000 as a local match, to execute all necessary documents required for the acceptance of those funds, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Mayor's Office, Peacher]
Summary
Authorization to accept additional Federal funds in the amount of $2,000,000 for the construction phase of the Town Branch Commons Trail Zone 1 under the Congestion Mitigation Air Quality Program (CMAQ), and to execute all necessary documents required for the acceptance of those funds, the acceptance of which obligates the government to provide a 20% match in the amount of $500,000. Funds are Budgeted. (L0887-19) [Peacher/Scott]
Budgetary Implications [select]: Yes
Advance Document Review:
Law: N/A
Risk Management: N/A
Fully Budgeted [select]: BAs 10231 and 10242 in process
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact: $2,500,000
Annual Impact: $
Project: TOWN_COM_2016
Activity: CONSTRUCTION
Budget Reference:
Current Balance: BA in process
Body
COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to accept additional Federal grant funds from the Kentucky Transportation Cabinet, which Grant funds are in the amount of $2,000,000.00 Federal funds, under the Congestion Mitigation and Air Quality (CMAQ) Program, are for the Construction Phase of the Town Branch Commons Trail Zone 1, the acceptance of which obligates the Lexington-Fayette Urban County Government for the expenditure of $500,000.00 as a local match and to execute all necessary documents required for the acceptance of those funds.
Section 2 - That subject to the provisions of Ordinance No. 22-79, the Mayor is hereby authorized, in her discretion as Chief Executive Officer of the Urban County Government, to transfer the unencumbered balance of any operating or capital account ap-propriation to another operating or capital account appropriation within the Grant budget previously established for this Grant.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: