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 St. by a period of three (3) months, beginning July 1, 2019 to September 30, 2019, under the same terms and conditions previously existing. [Div. of Facilities and Fleet Management, Baradaran]
Summary
Authorization to approve a third lease extension for LexArts, Inc. at 161 N. Mill Street, beginning July 1, 2019 to September 30, 2019. No Budgetary impact. (L0634-19) (Baradaran/Reed)
Budgetary Implications: No
Advance Document Review:
Law: { Yes, Completed by Attorney Megan Griffith, May 31, 2019}
Risk Management: { No, Completed by [Official, Date]}
Fully Budgeted: NA
Account Number: NA
This Fiscal Year Impact: $0.00
Annual Impact: $0.00
Project:
Activity:
Budget Reference:
Current Balance:
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 three (3) months, beginning July 1, 2019 to September 30, 2019, 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:
________________________________
CLERK OF URBAN COUNTY COUNCIL