Lexington-Fayette Urban County Government - File #: 0865-18

• File #: 0865-18
• Version: 1
• Name: Fund the Arts Commission
• Type: Resolution
• Status: Approved
• File created: 8/15/2018
• In control: Urban County Council
• On agenda: 8/30/2018
• Final action: 8/30/2018
• Enactment date: 8/30/2018
• Enactment #: R-535-2018
• Title: A Resolution authorizing the Dept. of Finance and Administration to designate funds equal to 1% of the total Budgeted cost for Capital Improvement Projects other than those projects required by law within the Dept. of General Services for the purpose of funding the purchase, commissioning, installation, and maintenance of art on property owned or operated by the Urban County Government, which funds shall be allocated from the General Fund, an additional amount added to the bond, or a combination of the two, provided that all funds raised through the issue of bonds shall be maintained, accounted for, and used in accordance with the legal restrictions related thereto. [Council Office, Maynard]

Date	Ver.	Action By	Action	Result
8/30/2018	1	Urban County Council	Approved	Pass
8/16/2018	1	Urban County Council	Received First Reading
8/14/2018	1	Urban County Council Work Session	Approved and Referred to Docket	Pass

Title
A Resolution authorizing the Dept. of Finance and Administration to designate funds equal to 1% of the total Budgeted cost for Capital Improvement Projects other than those projects required by law within the Dept. of General Services for the purpose of funding the purchase, commissioning, installation, and maintenance of art on property owned or operated by the Urban County Government, which funds shall be allocated from the General Fund, an additional amount added to the bond, or a combination of the two, provided that all funds raised through the issue of bonds shall be maintained, accounted for, and used in accordance with the legal restrictions related thereto. [Council Office, Maynard]


Summary
[A Resolution authorizing the Dept. of Finance and Administration to designate funds equal to 1% of the total Budgeted cost for Capital Improvement Projects other than those projects required by law within the Dept. of General Services for the purpose of funding the purchase, commissioning, installation, and maintenance of art on property owned or operated by the Urban County Government, which funds shall be allocated from the General Fund, an additional amount added to the bond, or a combination of the two, provided that all funds raised through the issue of bonds shall be maintained, accounted for, and used in accordance with the legal restrictions related thereto. [Council Office, Maynard]



Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That an amount equal to 1% of the funds budgeted by the Lexington-Fayette Urban County Government for general fund capital improvement projects costing less than ten million dollars ($10,000,000.00), other than those projects required by law, shall be designated annually within the Department of General Services for the purchase, commissioning, installation, and maintenance of public art through a transfer from the general fund to one or more Capital Project Funds des...