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 (PSA) with economic development partner agency Community Ventures Corporation, pursuant to RFP 35-2024, for a term of July 1, 2026, to June 30, 2027, 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 of $63,220.17. Funds are Budgeted. (L0557-26) (Glasscock/Atkins)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: { Yes, Completed by [Tiffany Holskey, 6/15/2026]}
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: BA in process to move funds from placeholder
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
0557-26:TAH:4921-6699-2825, v. 1