Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Concession Agreement with Cardinal Valley Park Activity Board, Inc., for the management and operation of the Cardinal Valley Neighborhood Park Center, at a cost estimated not to exceed $6,000 in FY 2025, subject to sufficient funds being appropriated in future fiscal years. [Div. of Parks and Recreation, Conrad]
Summary
Authorization to execute a Concession Agreement with the Cardinal Valley Park Activity Board, Inc. for the management and operation of the Cardinal Valley Neighborhood Park Center, located at 2077 Cambridge Drive, for a term of two (2) years, with automatic renewal for a two (2) year period. The neighborhood association is eligible for financial stipends and allowances up to $6,000, per year. Funds requested in the FY 2025 Budget. (L0279-24) (Conrad/Ford)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes - Emilee Buttrum - 9/20/2023
Risk Management: No
Fully Budgeted [select]: Funds requested in the FY 2025 Budget
Account Number: 1101-707606-7641-75101-775
This Fiscal Year Impact: up to a total of $6,000 per year.
Annual Impact:
Project:
Activity:
Budget Reference:
Current Balance: Requested in FY25
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 the Concession Agreement, which is attached hereto and incorporated herein by reference, with Cardinal Valley Park Activity Board, Inc., for the management and operation of the Cardinal Valley Neighborhood Park Center.
Section 2 - That an amount, estimated not to exceed $6,000.00 in FY2025, subject to sufficient funds being appropriated in future fiscal years, be and hereby is approved for payment to Cardinal Valley Park Activity Board, Inc., from account ...
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