Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Purchase of Service Agreement (PSA) with Community Ventures Corporation, pursuant to RFP #35-2024, to assist with small business owner connections and networking, entrepreneurial development/start-up assistance, minority owned business development, and women owned business development, at a cost not to exceed the sum of $63,220.17. [Mayor's Office, Glasscock]
Summary
Authorization to execute a Purchase of Services Agreement with Community Ventures Corporation to assist LFUCG with Small Business Owner Connections and Networking; Entrepreneurial Development/Start-Up Assistance; Minority Owned Business Development; and Women Owned Business Development at a cost of $63,220.17 for the period of July 1, 2025 to June 30, 2026 pursuant to RFP 35-2024. Funds are Budgeted. (L0585-25)(Glasscock/Atkins)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Yes, Completed by [Evan Thompson, 6/6/2025]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: Yes
Account Number: 1101-900204-0001-71101
This Fiscal Year Impact: $63,220.17
Annual Impact: NA
Project:
Activity:
Budget Reference:
Current Balance: fully Budgeted in 1101-900112
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 a Purchase of Service Agreement (PSA), which is attached hereto and incorporated herein by reference, with Community Ventures Corporation, pursuant to RFP #35-2024, to assist with small business owner connections and networking, entrepreneurial development/start-up assistance, minority owned business development, and women owned business development.
Section 2 - That an amount, not to exceed the sum of $63,220.17, be and hereby is approved for payment to Community Ventures Corporation, from account #1101-900204-71101, pursuant to the terms of the agreement.
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
0585-25:TAH:4922-9658-4527, v. 1