Title
Authorization to approve an Ordinance authorizing and approving the execution of a 9th Supplemental Lease Agreement between LFUCG and Lexington-Fayette Urban County Airport Board in connection with the issuance of the Series 2023A Credit Note between Lexington-Fayette Urban County Airport Board and Truist Bank. Payments are financed with Airport revenues. No budgetary impact for LFUCG. (L0799-23) (Hensley)
Summary
Authorization to approve an Ordinance authorizing and approving the execution of a 9th Supplemental Lease Agreement between LFUCG and Lexington-Fayette Urban County Airport Board in connection with the issuance of the Series 2023A Credit Note between Lexington-Fayette Urban County Airport Board and Truist Bank. Payments are financed with Airport revenues. No budgetary impact for LFUCG. (L0799-23) (Hensley)
Budgetary Implications: No
Advance Document Review:
Law: Yes, Completed by Dave Barberie, August 2, 2023
Risk Management: No
Fully Budgeted: N/A
Account Number: N/A
This Fiscal Year Impact: $0 (Payments are financed with Airport Revenues.)
Annual Impact: $0 (Payments are financed with Airport Revenues.)
Project:
Activity:
Budget Reference:
Current Balance:
Body
{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}