Title
Authorization to execute a Non-Endowed Designated Fund Agreement with Bluegrass Community Foundation (BGCF), which outlines the terms, conditions and responsibilities of LFUCG and BGCF to support the development of Parks and Recreation’s Kelley’s Landing property via an expenditure fund, known as the Kelley’s Landing Fund. The fund will be in operation for up to three years after the date the agreement is signed. No budgetary impact. (L0516-25)(Conrad/Ford)
Summary
Authorization to execute a Non-Endowed Designated Fund Agreement with Bluegrass Community Foundation (BGCF), which outlines the terms, conditions and responsibilities of LFUCG and BGCF to support the development of Parks and Recreation’s Kelley’s Landing property via an expenditure fund, known as the Kelley’s Landing Fund. The fund will be in operation for up to three years after the date the agreement is signed. No budgetary impact. (L0516-25)(Conrad/Ford)
Budgetary Implications [select]: No
Advance Document Review:
Law: Yes, Completed by William Razor, 5/15/2025
Risk Management: No
Fully Budgeted [select]: N/A
Account Number:
This Fiscal Year Impact:
Annual Impact: N/A
Project:
Activity:
Budget Reference:
Current Balance:
Body
{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}