Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Amendment to Lease Agreement with Denham-Blythe Company, Inc., effective May 19, 2014, for property located at 100 Trade St., Lexington, Ky., to amend the renewal terms, and further authorizing the Mayor, on behalf of the Urban County Government, to exercise the option to renew the lease for an additional period of one year in an amount not to exceed $8,350.04 per month plus utilities. [Dept. of Finance, O'Mara]
Summary
Authorization to execute a one-year lease agreement option with Denham-Blythe for space for the Wellness Center located at 100 Trade Street. (L0546-14) (Slatin/O'Mara)
This is a request to execute a one-year lease agreement option with Denham-Blythe for space for the Wellness Center located at 100 Trade Street for the period beginning December 1, 2014, for an amount of $8,350.04 per month. Impact for FY 2015 will be $97,837.28. Funds are included in the FY 2015 Proposed Budget.
Budgetary Implications: YES
Advance Document Review: Law
Fully Budgeted: Included in FY 2015 Proposed Budget
Account Number: 6002-160504-1841-71302
This Fiscal Year Impact: N/A
Annual Impact: $97,837.28 in FY15
Project:
Activity:
Budget Reference:
Current Balance: Included in FY 2015 Proposed Budget ($156,600)
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 Amendment to Lease Agreement, which is attached hereto and incorporated herein by reference and effective May 19, 2014, with Denham-Blythe Company, Inc., for property located at 100 Trade Street, Lexington, Kentucky, to amend the renewal terms; and that the Mayor, on behalf of the Lexington-Fayette Urban County Government , is further authorized to exercise the option to renew the lease for an additional period of one year in an ...
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