Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Lease Agreement with the Board of Education of Fayette County, Ky., to lease a twenty-five (25) acre portion of Southern Middle School, for Meadowbrook Golf Course, from the date of execution through June 30, 2025, at a cost not to exceed one dollar ($1.00). [Div. of Parks and Recreation, Conrad]
Summary
Authorization to execute a lease Agreement with the Board of Education of Fayette County, KY, to lease a Twenty-Five (25) acre portion of Southern Middle School for One ($1.00) Dollar for the Meadowbrook Golf Course from the date of execution through June 30, 2025. Funds are Budgeted. (L0713-24) (Conrad/Ford)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Ashleigh Bailey, 12/6/2023
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: Meadowbrook Operating - 1101-707606-7647-75101-766
This Fiscal Year Impact: $1
Annual Impact: N/A
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 Lease Agreement, which is attached hereto and incorporated herein by reference, with the Board of Education of Fayette County, Kentucky, to lease a twenty-five (25) acre portion of Southern Middle School for Meadowbrook Golf Course, from the date of execution through June 30, 2025.
Section 2 - That an amount not to exceed $1.00, is hereby authorized for payment to the Board of Education of Fayette County from account #1101-707606-7647-75101-766, pursuant to the terms of the Lease 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
0713-24:ANB:4860-8303-8413, v. 1