Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Lease Agreement with Bluegrass Workforce Investment Board, for lease of space within the Central Ky. Job Center. [Dept. of General Services, Reed]
Summary
Authorization to enter into a Lease Agreement with Bluegrass Workforce Investment Board for space within the Central Kentucky Job Center. (L0045-14) (Reed)
This is a request to enter into a Lease Agreement with Bluegrass Workforce Investment Board for space within the Central Kentucky Job Center. The initial term is for six (6) months, effective January 1, 2014 thru June 30, 2014, with an option of automatic extension for four (4) additional one (1) year periods. The annual rental rate (revenue) is $23,626.
Budgetary Implications: Yes (revenue)
Advance Document Review: Law (Used standardized lease agreement approved through Ordinance 145-2011)
Fully Budgeted: No
Account Number: 1101-011001-0001-42181
This Fiscal Year Impact: $15,878.16 (revenue)
Annual Impact: $23,826.00 (revenue)
Project:
Activity:
Budget Reference:
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 Bluegrass Workforce Investment Board, for lease of space within the Central Kentucky Job Center.
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