Title
A Resolution assigning the economic incentive previously granted to Galmont Consulting, LLC, pursuant to Resolution 665-2010 to Trissential, LLC, or its successors in interest or affiliates as may be approved by the Ky. Economic Development Finance Authority. [Council Office, Maynard]
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That, due to the acquisition of Galmont Consulting, LLC by SQS USA Inc.; the subsequent name change of Galmont Consulting, LLC to SQS North America, LLC; and recent organizational structure changes within the parent company, SQS USA Inc., resulting in Trissential, LLC becoming the operating entity, the economic incentive previously granted to Galmont Consulting, LLC by the Lexington-Fayette Urban County Government pursuant to Resolution 665-2010 be and hereby is assigned, under the same terms and conditions, to Trissential, LLC, or its successors in interest or affiliates as may be approved by the Kentucky Economic Development Finance Authority.
Section 2 - That the Mayor, the Clerk of the Urban County Council, and other appropriate officers and employees of the Urban County Government be and hereby are authorized to execute, acknowledge, and deliver any agreements, documents, and such other instruments and papers and to take such other action as may be necessary or desirable, on behalf of the Lexington-Fayette Urban County Government, to effect the transaction authorized above and to commence the term of the economic incentive.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: