Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a First Amendment to Lease Agreement with West End Community Empowerment Project of Lexington, Inc., extending the term of its lease by one year. [Dept. of General Services, Reed]
Summary
Authorization to amend Lease Agreement (R 578-2012) between the LFUCG and West End Community Empowerment Project of Lexington, Inc. for approximately 4,416 S/ft of rentable space within the Black & Williams Neighborhood Center Gymnasium located at 498 Georgetown Street in Lexington. The amendment allows for continued occupancy at the same terms and conditions for one (1) additional year during which time a new facility usage plan promoting occupant activity to serve community-based need is created. The amendment provides that all other terms & conditions of the agreement shall remain the same; becomes effective on July 1, 2015, and expires on June 30, 2016. The revenue from the lease is $12,795.48. (L0717-15)(Reed)
Budgetary Implications: Yes
Advance Document Review: Department of Law (Charles Edwards III)
Fully Budgeted: Yes (Revenue)
Account Number: 1101-011001-0001-42181
This Fiscal Year Impact: $0.00
Annual Impact: $12,795.48 (Revenue)
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 First Amendment to Lease Agreement, which is attached hereto and incorporated herein by reference, with West End Community Empowerment Project of Lexington, Inc., extending the term of the its Lease by one year.
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