Lexington-Fayette Urban County Government - File #: 0808-19

• File #: 0808-19
• Version: 2
• Name: Economic Development Partners FY2020
• Type: Resolution
• Status: Approved
• File created: 8/2/2019
• In control: Urban County Council
• On agenda: 8/29/2019
• Final action: 8/29/2019
• Enactment date: 8/29/2019
• Enactment #: R-463-2019
• Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Purchase of Service Agreements for fiscal year 2020 with Commerce Lexington ($388,450), Downtown Lexington Partnership ($147,055), LexArts ($415,700), Lyric Theatre & Cultural Arts Center ($127,500), Urban League of Lexington-Fayette County ($76,500), and World Trade Center Ky. ($46,750), at a total cost not to exceed $1,201,955. [Mayor's Office, Atkins]

Date	Ver.	Action By	Action	Result
8/29/2019	2	Urban County Council	Approved	Pass
8/15/2019	2	Urban County Council	Received First Reading
8/13/2019	2	Urban County Council Work Session	Approved and Referred to Docket	Pass

Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Purchase of Service Agreements for fiscal year 2020 with Commerce Lexington ($388,450), Downtown Lexington Partnership ($147,055), LexArts ($415,700), Lyric Theatre & Cultural Arts Center ($127,500), Urban League of Lexington-Fayette County ($76,500), and World Trade Center Ky. ($46,750), at a total cost not to exceed $1,201,955. [Mayor's Office, Atkins]
Summary
Authorization to execute Purchase of Services Agreements (PSAs) with economic development partner agencies to provide economic development services for the government. The economic development partner agencies for FY2020 are Commerce Lexington ($388,450.00), Downtown Lexington Partnership ($147,055.00), LexArts ($415,700.00), Lyric Theatre & Cultural Arts Center ($127,500.00), Urban League of Lexington-Fayette County ($76,500.00), World Trade Center Kentucky ($46,750.00). (L0808-19) [Atkins/Scott]
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Barberie
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted: Yes
Account Number:
Commerce Lexington ($388,450.00) 1101-900101-0001-71101
Downtown Lexington Partnership ($147,055.00) 1101-900111-0001-71101
LexArts ($415,700.00) 1101-900109-0001-71101
Lyric Theatre & Cultural Arts Center ($127,500.00) 1101-900107-0001-71101
Urban League of Lexington-Fayette County ($76,500.00) 1101-900206-0001-71101
World Trade Center Kentucky ($46,750.00) 1101-900104-0001-71101

This Fiscal Year Impact: $ 1,201,955.00
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: Fully Budgeted

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 Purchase of Service Agreements for fiscal year 2020, which are attached hereto and incorporated here...