Title
An Ordinance amending Section 2-268 of the Code of Ordinances, related to the organization of a non-profit Ky. corporation called the “Lyric Theatre and Cultural Arts Center Corporation”, replacing the three (3) directors nominated by the Lyric Task Force by providing that one (1) director shall reside in the East End area, increasing the at-large directors from one (1) director to two (2) directors with one (1) at large director being appointed by the Mayor subject to confirmation by the Urban County Council, and increasing the number of directors appointed by the Mayor subject to confirmation by the Urban County Council from the legal, accounting, financial, marketing or other business community with expertise in fiscal and personnel oversight from five (5) directors to six (6) directors. [Mayor’s Office, Emmons]
Summary
Authorization to amend section 2-268 of the Code of Ordinances regarding 3 directors of the Lyric Theatre and Cultural Arts Center Corporation. (L185-12) (Emmons)
This is a request to amend section 2-268 of the Code of Ordinances regarding 3 directors of the Lyric Theatre and Cultural Arts Center Corporation. There is no budgetary impact.
Budgetary Implications: No
Advance Document Review: Law
Fully Budgeted: N/A
Account Number: N/A
This Fiscal Year Impact: N/A
Annual Impact: N/A
Project: N/A
Activity: N/A
Budget Reference: N/A
Body
BE IT ORDAINED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That Section 2-268 of the Code of Ordinances be and hereby is amended to read as follows:
Sec. 2-268. Board of directors.
(1) The affairs of the corporation are to be conducted by a board of directors consisting of fifteen (15) individuals. The initial directors shall be appointed by the mayor subject to confirmation by a majority of the urban county council members, as follows:
(a) One (1) director shall reside in the East End area;
(b) One (1) director shall be the Mayor or his designee, ex-officio;
(c...
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