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File #: 1037-18    Version: 1 Name: Lease Extension LexArts Inc
Type: Resolution Status: Approved
File created: 9/25/2018 In control: Urban County Council
On agenda: 10/25/2018 Final action: 10/25/2018
Enactment date: 10/25/2018 Enactment #: R-628-2018
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Lease Extension Agreement with LexArts, Inc., to extend the term of LexArts' Lease of 161 North Mill Street by a period of six (6) months under the same terms and conditions previously existing. [Div. of Facilities and Fleet Management, Baradaran]
Attachments: 1. Memorandum LexArts Lease Extension, 2. LexArts Agreement Lease Extension, 3. ArtsPlace Lease R#391-88 Deed# 5216 Exp 9-14-2018, 4. 00629995.pdf, 5. RESOLUTION - 628-2018.pdf

Title

A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Lease Extension Agreement with LexArts, Inc., to extend the term of LexArts’ Lease of 161 North Mill Street by a period of six (6) months under the same terms and conditions previously existing. [Div. of Facilities and Fleet Management, Baradaran]

Summary

Authorization to extend lease Agreement for LexArts, Inc. at 161 North Mill Street for six months beginning September 15, 2018 through March 15, 2019. No Budgetary impact. (L01037-18) (Baradaran/Hamilton)

Budgetary Implications: No

Advance Document Review:

Law: Yes, Completed by Charles Edwards III, 8/17/18

Risk Management:  NA

Fully Budgeted: NA

Account Number:

This Fiscal Year Impact:                     

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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 Lease Extension Agreement, which is attached hereto and incorporated herein by reference, with LexArts, Inc., to extend the term of LexArts’ lease of 161 North Mill Street by a period of six (6) months under the same terms and conditions previously existing.

                     Section 2 - That this Resolution shall become effective on the date of its passage.

                     PASSED URBAN COUNTY COUNCIL:

 

 

 

 

 

                                                                                                                              ___________________________________

                                                                                                                              MAYOR

 

ATTEST:

 

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CLERK OF URBAN COUNTY COUNCIL