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File #: 0590-24    Version: 1 Name: Kentucky Apex Accelerator
Type: Resolution Status: Approved
File created: 6/3/2024 In control: Urban County Council
On agenda: 6/13/2024 Final action: 6/13/2024
Enactment date: 6/13/2024 Enactment #: R-300-2024
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with Ky. Science and Technology Corporation (KSTC) and their Ky. APEX Accelerator, to provide joint classes, outreach events, and webinars that support the LFUCG Minority Business Enterprise Program, at a cost not to exceed $8,400. [Div. of Procurement, Slatin]
Attachments: 1. BlueSheet Memo Kentucky Apex Accelerator 6-3-24.pdf, 2. 2024 KY APEX Accelerator-LFUCG MBEP MOA.pdf, 3. RESO 0590-24 APEX Agreement 4885-4489-2102 v.1.pdf, 4. R-300-2024, 5. Contract #208-2024
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with Ky. Science and Technology Corporation (KSTC) and their Ky. APEX Accelerator, to provide joint classes, outreach events, and webinars that support the LFUCG Minority Business Enterprise Program, at a cost not to exceed $8,400. [Div. of Procurement, Slatin]
Summary
Authorization to execute a Memorandum of Agreement with the Kentucky Science and Technology Corporation (KSTC) and the Kentucky APEX Accelerator to provide joint classes, outreach events and webinars that support the LFUCG Minority Business Enterprise Program at a cost not to exceed $8,400.00. Funds are Budgeted. (L0590-24) (Slatin/Hensley)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: {Yes, Completed by Barberie, 4-26-2022}
Risk Management: N/A
Fully Budgeted [select]: Yes
Account Number: 1101-202801-0001-71299
This Fiscal Year Impact: $8,400.00
Annual Impact: $8,400.00
Project:
Activity:
Budget Reference:
Current Balance: $11,000.01
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 an Agreement, which is attached hereto and incorporated herein by reference, with the Kentucky Science and Technology Corporation (KSTC) and their Kentucky APEX Accelerator, to provide joint classes, outreach events, and webinars that support the LFUCG Minority Business Enterprise Program.
Section 2 - That an amount, not to exceed the sum of $8,400.00, be and hereby is approved for payment to the Kentucky Science and Technology Corporation (KSTC), from account #1101-202801-71299, pursuant to the terms of the Agreement.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:

__________________________________
MAYOR

ATTEST:
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