Title
A Resolution renewing the Franchise Agreement with Blue Grass Energy Cooperative Corporation for an additional term of five years pursuant to the provisions of Ordinance No. 35-2013 as amended by Ordinance No. 102-2013, and authorizing and directing the Mayor, on behalf of the Urban County Government, to execute any necessary documents related to the renewal. [Div. of Facilities and Fleet Management, Baradaran]
Summary
Authorization to renew the franchise Agreement with Blue Grass Energy Cooperative Corporation for an additional term of 5 years pursuant to the terms of the franchise Agreement and Ordinance No. 35-2013 as amended by Ordinance No. 95-2013. (L0207-18) (Baradaran/Hamilton)
Budgetary Implications [select]: N/A
Advance Document Review:
Law: David Barberie, February 16, 2018
Risk Management: No
Fully Budgeted [select]: N/A
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
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Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the franchise Agreement with Blue Grass Energy Cooperative Corporation be and hereby is renewed for an additional term of five years beyond its current expiration date pursuant to the provisions of Ordinance No. 35-2013, as amended by Ordinance No. 95-2013, and the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute any necessary documents related to the renewal.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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MAYOR
ATTEST:
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CLERK OF URBAN COUNTY COUNCIL