Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Residential Lease Agreement with L. Mitch Estepp and Hollis Harvill for 705 Caden Ln. to facilitate the maintenance of the Historical Cadentown Schoolhouse. [Div. of Parks and Recreation, Conrad]
Summary
Authorization to enter into a lease agreement with L. Mitch Estepp and Hollis Harvill for use of approximately 1,990 square feet of space & identified as 705 Caden Lane, Lexington, Kentucky. Tenant is essential to Park operations and the premises shall be used for residential occupancy and no other purpose. This will result in revenue to the LFUCG. (L1397-15)(Conrad/Reed)
Budgetary Implications: Yes (Revenue)
Advance Document Review: Department of Law (Charles Edwards III)
Fully Budgeted: Yes
Account Number: 1101-011001-0001-42181
This Fiscal Year Impact: $2,340.00 (Revenue)
Annual Impact: $4,680.00 (Revenue)
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 Residential Lease Agreement, which is attached hereto and incorporated herein by reference, with L. Mitch Estepp and Hollis Harvill for 705 Caden Lane to facilitate the maintenance of the historical Cadentown Schoolhouse.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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MAYOR
ATTEST:
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CLERK OF URBAN COUNTY COUNCIL