Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Ky. Transportation Cabinet in order to accept a Grant from the Ky. Transportation Cabinet (KYTC) - Office of Local Programs and the Lexington Area Metropolitan Planning Organization (MPO), which Grant funds are in the amount of $480,000 in Federal funds under SLX, for the construction phase of the Euclid Avenue Multi Modal Improvements Project, the acceptance of which obligates the Urban County Government to the expenditure of $120,000 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget.
[Div. of Engineering, Burton]
Summary
Authorization to accept Federal funds in the amount of $480,000 and execute Agreement for the construction phase of the Euclid Avenue Multi Modal Improvements project funded under the Transportation Alternatives Program (TAP), the acceptance does obligates Urban County Government for the expenditure of $120,000 as a local match. Budget amendment in process. (L0949-20) (Burton/Albright)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes; Brittany Smith, 9/24/20
Risk Management: NA
Fully Budgeted: Budget Amendment 10819 and 10823 are in process.
Account Number: 3160-303202-3251-91715; 4003-303408-3466-92811;
4003-303408-3466-78201
This Fiscal Year Impact: $600,000
Annual Impact: $0
Project: EUCLID_AVE_2021
Activity: FED_GRANT
Budget Reference: 2021
Current Balance: Budget Amendment 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 an agreement with the Kentucky Transportation Cabinet in order to accept a grant from the Kentucky Transportation Cabinet (KYTC) - Office of Local Programs and the Lexington Area Metropolitan Planning Organization (MPO), which Grant funds are in the amount of $480,000.00 in Federal funds under SLX, for the construction phase of the Euclid Avenue Multi Modal Improvements Project, the acceptance of which obligates the Urban County Government to the expenditure of $120,000.00 as a local match.
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 appropriation 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:
___________________________________
MAYOR