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File #: 1253-22    Version: 1 Name: Identify 3D Assumption Agreement
Type: Resolution Status: Approved
File created: 11/28/2022 In control: Urban County Council
On agenda: 12/6/2022 Final action: 12/6/2022
Enactment date: 12/6/2022 Enactment #: R-712-2022
Title: A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Assignment and Assumption Agreement with Materialise USA LLC and Identify3d, Inc., related to the JOBS Fund Program, to assign the incentive Agreement with Identify3d, Inc. to Materialise USA LLC, at no additional cost to the Urban County Government. [Mayor's Office, Atkins]
Attachments: 1. Identify 3D Assumption Agmt Blue Sheet Nov 2022, 2. Identify 3D Assumption Agreement November 2022, 3. 00770486.pdf, 4. R-712-2022, 5. Contract #314-2022, 6. Contract #314-2022

Title

A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Assignment and Assumption Agreement with Materialise USA LLC and Identify3d, Inc., related to the JOBS Fund Program, to assign the incentive Agreement with Identify3d, Inc. to Materialise USA LLC, at no additional cost to the Urban County Government. [Mayor's Office, Atkins]

Summary

Authorization to execute an Assignment and Assumption Agreement, related to the Lexington-Fayette Urban County Government (LFUCG) JOBS Fund program, for Identify3D, Inc. to assign their incentive Agreement to Materialise USA LLC. No Budgetary impact. (L1253-22) (Atkins)

Budgetary Implications [select]: No

Advance Document Review:

Law: { Select Yes, Completed by [Evan Thompson, 11/28/22]}

Risk Management:  {Select Yes/No, Completed by [Official, Date]}

Fully Budgeted [select]: N/A

Account Number:                     N/A

This Fiscal Year Impact:                     $N/A

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 and directed to execute an Assignment and Assumption Agreement, which is attached hereto and incorporated herein by reference, with Materialise USA LLC and Identify3d, Inc., related to the JOBS Fund Program, to assign the Incentive Agreement with Identify3D, Inc. to Materialise USA LLC, at no additional cost to the Urban County Government.

                     Section 2 - That this Resolution shall become effective on the date of its passage.

                     PASSED URBAN COUNTY COUNCIL:

 

                                                                                                                                                   ________________________________

                                                                                                                                                   MAYOR

ATTEST:

____________________________________

CLERK OF THE URBAN COUNTY COUNCIL

1253-22:EPT:X:\CASES\MOED\22-LE0003\LEG\00770486.DOCX