Lexington-Fayette Urban County Government - File #: 0348-17

• File #: 0348-17
• Version: 1
• Name: 2017 Amendment Econ Dev Invst Board members
• Type: Ordinance
• Status: Approved
• File created: 3/22/2017
• In control: Urban County Council
• On agenda: 4/27/2017
• Final action: 4/27/2017
• Enactment date: 4/27/2017
• Enactment #: O-057-2017
• Title: An Ordinance amending Ordinance No. 160-2014, relating to the Economic Development Investment Board, to allow the chairman of the Urban County Council's Budget, Finance, and Economic Development Committee to designate a replacement from that Committee to serve in his or her place, to reflect the correct number of members appointed by the Mayor, and to remove members of the Lexington Industrial Foundation from consideration for Board membership. [Mayor's Office, Atkins]

Date	Ver.	Action By	Action	Result
4/27/2017	1	Urban County Council
4/27/2017	1	Urban County Council	Approved	Pass
4/13/2017	1	Urban County Council	Received First Reading
4/11/2017	1	Urban County Council Work Session	Approved and Referred to Docket	Pass

Title
An Ordinance amending Ordinance No. 160-2014, relating to the Economic Development Investment Board, to allow the chairman of the Urban County Council's Budget, Finance, and Economic Development Committee to designate a replacement from that Committee to serve in his or her place, to reflect the correct number of members appointed by the Mayor, and to remove members of the Lexington Industrial Foundation from consideration for Board membership. [Mayor's Office, Atkins]
Summary
Authorization for an Amendment to the Economic Development Investment Board Ordinance to update language on board membership (allow Budget, Finance, and Economic Development Chair to appoint a designee; clarify Commerce Lexington language). (L0348-17) (Atkins)
Budgetary Implications [select]: No
Advance Document Review:
Law: (Yes) Evan Thompson
Risk Management:
Fully Budgeted [select]:
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Body
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:

Section 1 - That Section 1 of Ordinance No. 160-2014 (numbered as Section 7), be and hereby is amended and re-enacted to read as follows:
Section 7 - The Economic Development Investment Board shall consist of eleven (11) members. The government's Chief Development Officer or his or her designee shall serve as the chairperson of the board, and will only vote in the event of a tie. The Councilmember who serves as the chairperson of the Urban County Council's Budget, Finance, and Economic Development Committee, or his or her designee from that committee, shall automatically serve as member of the Board. The remaining nine (9) members shall be appointed by the Mayor, subject to confirmation by a majority of the Urban County Councilmembers, and shall consist of one additional member of the Urban County Council, one member from the Lexington Chamber of Commer...