Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with the Ky. Transportation Cabinet ("Cabinet") in order to accept a Grant from the Cabinet and the Lexington Area Metropolitan Planning Organization ("MPO"), which Grant funds are in the amount of $200,000 in Surface Transportation Block Grant-Lexington (STBG-SLX) Federal funds for the Northeast New Circle Rd. Corridor Plan as part of the MPO'S FY 2021-2024 Transportation Improvement Program, the acceptance of which obligates the Urban County Government to the expenditure of $50,000 as a local match, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Planning, Duncan]
Summary
Authorization to accept Grant award and to execute Agreement from the Kentucky Transportation Cabinet in the amount of $200,000 for the Northeast New Circle Road Corridor Plan. Local Grant match in the amount of $50,000 required. BA in process. (L0659-21) (Duncan/Atkins)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 6/21/2021
Risk Management: N/A
Fully Budgeted: FY2022 Budget amendment is in process.
Account Number: 3160-160705-0001-XXXXX
This Fiscal Year Impact: $250,000
Annual Impact: $0
Project: NEWCIRCLE_2022
Activity: FED_GRANT
Budget Reference: 2022
Current Balance: FY2022 Budget amendment is 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 ("Cabinet") in order to accept a grant from the Cabinet and the Lexington Area Metropolitan Planning Organization ("MPO"), which Grant funds are in the amount of $200,000.00 in Surface Transportation Block Grant - Lexington (STBG-SLX) Federal funds for the Northeast New Circle Road Corridor Plan as...
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