Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with Machinex, for capital project equipment upgrades at the Material Recovery Facility, at a cost not to exceed $4,200,000. [Div. of Waste Management, Thurman]
Summary
Approval to enter into Agreement between Lexington-Fayette Urban County Government and Machinex to complete capital project equipment upgrades at the Material Recovery Facility (LEX-MRF), in the amount of $4,200,000. Funds are Budgeted. (L1151-20) (Thurman/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Select Yes, Completed by [Attorney Name, Date]}
Risk Management: {Select Yes, Completed by [Official, Date]}
Fully Budgeted [select]: BA 10841 in process
Account Number: 1115 303505 3571 96458
This Fiscal Year Impact: $4,200,000
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: $3,415,284.63 and BA in process for the remainder.
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 the agreement, which is attached hereto and incorporated herein by reference, with Machinex, for capital project equipment upgrades at the Material Recovery Facility.
Section 2 - That an amount, not to exceed the sum of $4,200,000.00, be and hereby is approved for payment to Machinex, from account #1115-303505-96458, 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