Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Construction Agreement with R.J. Corman Railroad Co./Central Ky. Lines, LLC, for the Town Branch Trail Phase 6 Project, at a cost not to exceed $1,500. [Div. of Engineering, Burton]
Summary
Authorization to sign a construction Agreement with R.J. Corman RailRd. Company/Central Kentucky Lines, LLC as a part of the Town Branch Phase 6 project at a cost not to exceed $1500. Funds are Budgeted. (L0724-20) (Burton/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 7/28/20
Risk Management: N/A
Fully Budgeted: Yes
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact: $1,500
Annual Impact: $
Project: TOWN_TGER_2017
Activity: CONST
Budget Reference: 2017
Current Balance: $1,028,528.90
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 the Construction Agreement, which is attached hereto and incorporated herein by reference, with R.J. Corman Railroad Company/Central Kentucky Lines, LLC, for the Town Branch Trail Phase 6 Project.
Section 2 - That an amount, not to exceed the sum of $1,500.00, be and hereby is approved for payment to R.J. Corman Railroad Company/Central Kentucky Lines, LLC, from account # 3160-303202-90313, 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