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File #: 0568-24    Version: 1 Name: Lexington jobs fund policies and guidelines update
Type: Ordinance Status: Approved
File created: 5/29/2024 In control: Urban County Council
On agenda: 6/27/2024 Final action: 6/27/2024
Enactment date: 6/27/2024 Enactment #: O-059-2024
Title: An Ordinance approving and adopting revised "Lexington Jobs Fund Policies and Guidelines." [Mayor's Office, Glasscock]
Attachments: 1. Blue Sheet Jobs Funds Policies and Guidelines Review May 2024, 2. Lexington Jobs Fund Policies and Guidelines updated draft 4 26 24 .1 . 4889-9015-8265, 3. ORD 0568-24- Revised jobs fund policy 4876-8484-6533 v.1.pdf, 4. O- 059-2024

Title

An Ordinance approving and adopting revised “Lexington Jobs Fund Policies and Guidelines.” [Mayor's Office, Glasscock]

 

Summary

Authorization to amend Ordinance No. 153-2013, as amended by Ordinance No. 187-2016, and update the recommended Lexington Jobs Fund Policies and Guidelines. The Economic Development Investment Board (EDIB) unanimously approved the recommended changes on May 7, 2024. No Budgetary impact. (L0568-24) (Glasscock/Atkins)

 

Budgetary Implications: No

Advance Document Review:

Law: Yes, Completed by [Evan Thompson, 5/29/2024]

Risk Management:  NA

Fully Budgeted: NA

Account Number: NA

This Fiscal Year Impact:                     $0

Annual Impact:                      $0

Project:

Activity:

Budget Reference:

Current Balance:

Body

BE IT ORDAINED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:

                     Section 1 - That the revised “Lexington Jobs Fund Policies and Guidelines,” which are attached hereto and incorporated herein by reference, be and hereby are approved and adopted, and shall replace those policies and guidelines previously adopted.

                     Section 2 - That the requirement contained within Ordinance No. 31-2014 for an annual review of the Jobs Fund Program shall otherwise remain in effect.

Section 3 - That this Ordinance shall become effective upon the date of its passage.

PASSED URBAN COUNTY COUNCIL:

 

                                                                                                                                                   ________________________________

MAYOR

 

ATTEST:

 

 

________________________________
CLERK OF URBAN COUNTY COUNCIL

PUBLISHED:

0568-24:EPT_4876-8484-6533, v. 1