Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an agreement with Kathy H. Witt, Sheriff of Fayette County, for the collection of the ad valorem Urban Service District taxes for the 2013 property tax year, at a cost not to exceed $350,000, with payment net from collections. [Dept. of Finance, O'Mara]
Summary
Authorization to execute agreement with the Fayette County Sheriff related to property tax collection. (L1238-13) (O'Mara)
This is a request to execute agreement with the Fayette County Sheriff related to property tax collection. LFUCG shall pay the sum of $350,000 for the ad valorem urban services tax collection being provided. The Sheriff will report this sum as commissions and LFUCG in turn shall receive the 25% payment from the state on the Sheriff's commission in the amount of $87,500.
Budgetary Implications: Yes
Advance Document Review: Law
Fully Budgeted: Yes
Account Number: 1115 011001 0001 40960
This Fiscal Year Impact: $ 350,000
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: Fully budgeted
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 Agreement, which is attached hereto and incorporated herein by reference, with Kathy H. Witt, Sheriff of Fayette County, for the collection of the ad valorem Urban Service District taxes for the 2013 property tax year, with payment net from collections.
Section 2 - That an amount, not to exceed the sum of $350,000.00, be and hereby is approved for payment to Kathy H. Witt, Sheriff of Fayette County from account # 1115-011001-40960 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