Title
An Ordinance amending Ordinance No. 203-80, as previously amended, relating to the Economic Development Investment Board, to increase the membership from eleven to thirteen by adding an additional two at-large members; to allow members of the Lexington-Fayette Urban County Industrial Authority to be selected by the Mayor; and to include oversight over Economic Development Partner and Workforce Development Grant funding, with final approval of funding to be made by the Urban County Council, and related matters. [Mayor's Office, Atkins]
Summary
Authorization to amend the Economic Development Investment Board Ordinance to add two additional members to the board, voting by the chairperson, adding oversight of the Lexington Workforce Development Grant Program and the Lexington Economic Development Partner Agencies program. (L0270-20) (Atkins)
Budgetary Implications: No
Advance Document Review:
Law: {Yes, Completed by [Evan Thompson]}
Risk Management: No.
Fully Budgeted: N/a
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
Body
NOW THEREFORE, BE IT ORDAINED BY THE COUNICL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That Sections 6 and 7 of Ordinance No. 203-80, as amended by Ordinance No. 59-81; Ordinance No. 103-86; Ordinance No. 237-93; Ordinance No. 52-94; Ordinance No. 18-97; Ordinance No. 180-2009; Ordinance No. 152-2013; Ordinance No. 160-2014, which amended Ordinance No. 152-2013; and Ordinance No. 57-2017, which amended Ordinance No. 160-2014, relating to Industrial Revenue Building Bonds and the Economic Development Investment Board, be and hereby are amended and re-enacted to read as follows:
Section 6 - A board for review of applications and oversight over the issuance of certain funding related to economic development and related matters is hereby created which shall be known as the Economic Development Investment Board, or in some instances related to thi...
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