Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to contribute $25,000 from the percent for Art funds to the Lexington Center Corporation for the installation of public art at the Central Bank Center, and to execute any related Agreement deemed necessary by the Urban County Government related to the contribution. [Office of the Mayor, Scott]
Summary
Authorization to donate $25,000.00 of the Percent for Art funds to the Central Bank Center to assist in the installation of John Henry’s Publisher at the Central Bank Center. The piece is currently located at Ashland - The Henry Clay Estate. Funds are Budgeted within PUBLIC_ART_2022 bond project. (L0683-22) (Scott)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Evan Thompson, 6/27/2022
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted: Yes
Account Number: 2612-134201-1421-71299
This Fiscal Year Impact: $25,000.00
Annual Impact:
Project: PUBLIC_ART_2022
Activity: ARTS
Budget Reference: 2022
Current Balance: $307,992.00
Body
WHEREAS, the Lexington Center Corporation will be installing John Henry’s Publisher at the Central Bank Center, which is currently located at Ashland - the Henry Clay Estate; and
WHEREAS, the Lexington-Fayette Urban County Council deems the installation of public art on the property of the Central Bank Center, currently owned by the Lexington Center Corporation, a public purpose.
THEREFORE, 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 contribute $25,000.00 from the Percent for Art Fund to the Lexington Center Corporation for the installation of public art at the Central Bank Center, and to execute any related Agreement deemed necessary by the Urban County Government related to the contribution.
Section 2 - That an amount, not to exceed the sum of $25,000.00, be and hereby is approved for payment to the Lexington Center Corporation from account 2612-134201-1421-71299.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
0683-22:EPT:X:\Cases\MAYOR\22-LE0003\LEG\00760189.DOCX