Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. Five (5) to the Agreement with L-M Asphalt Partners d/b/a ATS Construction, for the Town Branch Trail Phase 6, increasing the Contract price by $240,937.98 and raising the total Contract price from $4,633,109.27 to $4,874,047.25. [Div. of Engineering, Burton]
Summary
Authorization to execute Change Order No. 5 with ATS Construction for Town Branch Trail Phase 6, increasing the Contract price by the sum of $240,937.98 from $4,633,109.27 to $4,874,047.25, for improvements at 1345 and 1305 Old Frankfort Pike required by the right-of-way Agreement. Approval of Change Order No. 5 by LFUCG is contingent on approval by KYTC. Funds are Budgeted. (L0893-22) (Burton/Albright)
Budgetary Implications: YES
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 8/26/2022
Risk Management: N/A
Fully Budgeted: Yes
Account Number: 3160-303202-3225-90313
This Fiscal Year Impact $240,937.98
Annual Impact: $0
Project: TOWN_TGER_2017
Activity: ROW
Budget Reference: 2017
Current Balance: $535,268.28
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 Change Order No.
Five (5), which is attached hereto and incorporated herein by reference, to the Agreement with L-M Asphalt Partners, d/b/a ATS Construction, for the Town Branch Trail Phase 6, increasing the Contract price by $240,937.98 and raising the total Contract price from $4,633,109.27 to $4,874,047.25.
Section 2 - That an amount, not to exceed the sum of $240,937.98, is hereby authorized for payment to L-M Asphalt Partners, d/b/a ATS Construction, from account # 3160-303202-90313, pursuant to the terms of Change Order Five (5).
Section 3 - That this Resolution shall become effective on the date of its passage.
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