Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Lease Agreement with Friends of Gratz Park Recovery Group, Inc., for use of the Gratz Park Kitchen, located at 253 Market Street, for a period of twenty (20) years in consideration of significant repairs and improvements to the building. [Div. of Facilities and Fleet Management, Baradaran]
Summary
Authorization to enter into a lease Agreement with Friends of Gratz Park Recovery Group, Inc. for approximately 3160 total square feet of space located at Kitchen at Gratz Park at 253 Market Street. Budgetary impact will be $1.00 revenue annually. (L0963-17) (Baradaran/Reed)
Budgetary Implications [select]: No
Advance Document Review:
Law: Yes, Completed by [Attorney Name, Date]}
Risk Management: No - Standardized Facility Usage Ordinance Agreement used
Fully Budgeted: No
Account Number: N/A
This Fiscal Year Impact: $1.00 (Revenue)
Annual Impact: $20.00 (Revenue - 20 year Agreement)
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 to execute the Lease Agreement, which is attached hereto and incorporated herein by reference, with Friends of Gratz Park Recovery Group, Inc., for use of the Gratz Park Kitchen, located at 253 Market Street, for a period of twenty (20) years in consideration of significant repairs and improvements to the building.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL