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File #: 0263-13    Version: 1 Name: Red Mile Master Development Agreement
Type: Resolution Status: Approved
File created: 3/12/2013 In control: Urban County Council
On agenda: 3/21/2013 Final action: 3/21/2013
Enactment date: 3/21/2013 Enactment #: R-142-2013
Title: A Resolution authorizing the Mayor and Commissioner of Finance, on behalf of the Lexington-Fayette Urban County Government and Dept. of Finance, to execute a Master Development Agreement with the Lexington Trot Breeders Association, Inc., for the development of the Red Mile Development Area (TIF Project). [Mayor’s Office, Atkins]
Attachments: 1. Red Mile Master Dev Agreement Memo.pdf, 2. Red Mile Master Dev Agreement.pdf, 3. LTBA Board Resolution Red Mile MDA Exhibit A.pdf, 4. Red Mile Phasing MDA Exhibit B.pdf, 5. 00383012.pdf, 6. Resolution 142-2013.pdf, 7. Contract 87-2013.pdf
Title
A Resolution authorizing the Mayor and Commissioner of Finance, on behalf of the Lexington-Fayette Urban County Government and Dept. of Finance, to execute a Master Development Agreement with the Lexington Trot Breeders Association, Inc., for the development of the Red Mile Development Area (TIF Project). [Mayor's Office, Atkins]
Summary
Authorization to execute the Red Mile Development Area Tax Increment Financing (TIF) Master Development Agreement with the Lexington Trot Breeders Association LLC.   (L263-13)(Atkins)
This is a request to execute the Red Mile Development Area TIF Master Development Agreement with the Lexington Trot Breeders Association LLC, which covers the spending of the incremental revenues that are to be generated by the project.
 
Budgetary Implications: NO
 
Advance Document Review: Law
Fully Budgeted: Yes/No/Partial
Account Number:      
This Fiscal Year Impact:      $
Annual Impact:       $
Project:
Activity:
Budget Reference:
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