Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 7 to the Agreement with Banks Engineering, Inc., for the Southland Area Stormwater Improvement Project, increasing the Contract price by the sum of $49,200, from $674,815 to $724,015. [Div. of Water Quality, Martin]
Summary
Authorization to execute Change Order No. 7 to the Agreement with Banks Engineering, Inc., for the Southland Area Stormwater Improvement Project, increasing the Contract price by the sum of $49,200.00, from $674,815.00 to $724,015.00. Funds are Budgeted. (L0832-21) (Martin/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Yes, Completed by [Michael Cravens, 8/12/21]}
Risk Management: {No}
Fully Budgeted [select]: Yes
Account Number: 4052-303204-3334-92211
This Fiscal Year Impact: $49,200.00
Annual Impact: $
Project: WR_SOUTHLAND
Activity: CONSENT_DE
Budget Reference: 2019
Current Balance: $887,285.73
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 Change Order No. 7, which is attached hereto and incorporated herein by reference, to the Agreement with Banks Engineering, Inc., for the Southland Area Stormwater Improvement Project, increasing the contract price by the sum of $49,200.00, from $674,815.00 to $724,015.00.
Section 2 - That an amount, not to exceed the sum of $49,200.00, be and hereby is approved for payment to Banks Engineering, Inc., from account # 4052 - 303204 - 92211, pursuant to the terms of the change order.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: