Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Supplemental Agreement No. 4 (Four) with the Ky. Transportation Cabinet, for the acceptance of additional federal Grant funds, which Grant funds are in the amount of $500,000, under the Congestion Mitigation and Air Quality (CMAQ) Program, and are for the Construction Phase of the Town Branch Commons Trail - Midland Section, the acceptance of which obligates the Urban County Government for the expenditure of $125,000 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 execute Supplemental Agreement No. 4 with the Kentucky Transportation Cabinet accepting Federal funds of $500,000 for the construction phase of the Town Branch Trail Commons - Midland Section, the acceptance of which obligates the government to provide match of $125,000. (L0217-20) (Peacher/Scott)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Melissa Moore Murphy, 2/10/2020
Risk Management: N/A
Fully Budgeted [select]: Budget Amendments 10538 and 10540 are in process.
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact: $625,000
Annual Impact: $0
Project: TOWN_COM_2016
Activity: CONSTRUCTION
Budget Reference:
Current Balance: BA's 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 and directed to execute Supplemental Agreement No. 4 (Four) with the Kentucky Transportation Cabinet, for the acceptance of additional Federal Grant funds, which Grant funds are in the amount of $500,000 Federal funds, under the Congestion Management and Air Quality (CMAQ) Program, and are for the Construction Phase of the To...
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