Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Amended and Restated Memorandum of Agreement with the Commonwealth of Ky. Finance and Administration Cabinet and the Lexington Center Corporation related to the $60,000,000 of funding from the Cabinet for the renovation, expansion, and improvement of the Lexington Convention Center previously approved by Resolution No. 222-2016, which amendments further establish each party’s obligations, at no additional cost to the Lexington-Fayette Urban County Government. [Council Office, Maynard]
Summary
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 Amended and
Restated Memorandum of Agreement, which is attached hereto and incorporated herein
by reference, with the Commonwealth of Kentucky Finance and Administration Cabinet
and the Lexington Center Corporation related to the $60,000,000 of funding from the
Cabinet for the renovation, expansion, and improvement of the Lexington Convention
Center, previously approved by Resolution No. 222-2016, which amendments further
establish each party’s obligations, at no additional cost to the Lexington-Fayette Urban
County Government.
Section 2 - That this Resolution shall become effective on the date of its
passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
______________________________
CLERK OF URBAN COUNTY COUNCIL
EPT_X: