Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with Kathy H. Witt, Sheriff of Fayette County, for the collection of the ad valorem urban service district taxes for the 2017 property tax year, at a cost not to exceed $350,000, with the payments to be treated as a commission and the Urban County Government receiving and accepting any related payment ($87,500) from the Commonwealth of Ky. [Dept. of Finance, O'Mara]
Summary
Authorization to approve the Agreement between the Lexington-Fayette Urban County Government and the Fayette County Sheriff related to 2017 Property Tax Collection. The Lexington-Fayette Urban County Governmet shall pay the Sheriff the sum of $350,000 for the ad valorum urban services tax collection for services being provide. Funds are Budgeted. (L1282-17)(O'Mara)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: {Yes/Completed by [Attorney Name, Date]}
Risk Management: {No,}
Fully Budgeted [select]: Yes
Account Number: 1115-011001-0001-40960
This Fiscal Year Impact: $ 350,000
Annual Impact:
Project:
Activity:
Budget Reference:
Current Balance: $350,000
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 the Agreement, which is attached hereto and incorporated herein by reference, with Kathy H. Witt, Sheriff of Fayette County, for the collection of the ad valorem Urban Service District taxes for the 2017 property tax year, with the payments to be treated as a commission and the Lexington-Fayette Urban County Government receiving any related payment from the Commonwealth of Kentucky ($87,500.00).
Section 2 - That an amount, not to exceed the sum of $350,000.00, be and hereby is approved for payment to Kathy H. Witt, Sheriff of Fayette County from account # 1115-011001-40960 pursuant to the terms o...
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