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 $120,000 in Surface Transportation Block Grant-Lexington (STBG-SLX) Federal funds for the Virginia/Red Mile/Forbes Trail Connectivity Safety Study 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 $30,000 as a local match, and authorizing the Mayor to execute an Agreement with the University of Ky. to contribute $15,000 toward this match requirement, and authorizing the Mayor to transfer unencumbered funds within the Grant Budget. [Div. of Planning, Duncan]
Summary
Authorization to accept an Agreement for Federal funds in the amount of $120,000 from the Kentucky Transportation Cabinet (KYTC) for the Virginia/Red Mile/Forbes Trail Connectivity Safety Study and to accept an Agreement with the University of Kentucky (UK) for funding in the amount of $15,000 to be applied to the 20% required non-federal match. LFUCG funds in the amount of $15,000 are Budgeted in the FY23 General Fund to meet the remaining non-federal match requirement. (L0065-23) (Duncan/Atkins)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Brittany Smith, 01/3/2023
Risk Management: N/A
Fully Budgeted: Budget amendment is in process.
Account Number:
This Fiscal Year Impact: $150,000
Annual Impact: $0
Project: VIRGNA_TRL_2023
Activity: FED_GRANT
Budget Reference: 2023
Current Balance: BA 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 Ken...
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