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File #: 0678-14    Version: 2 Name: FY2015 Economic Development PSA
Type: Resolution Status: Approved
File created: 6/23/2014 In control: Urban County Council
On agenda: 7/8/2014 Final action: 7/8/2014
Enactment date: 7/8/2014 Enactment #: R-417-2014
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Purchase of Service Agreements for FY2015 with Commerce Lexington ($457,000), Downtown Lexington Corp. ($42,710), Ky. World Trade Center, Inc. d/b/a World Trade Center Ky. ($100,000), Lexington Kentucky Chapter of SCORE ($7,000), Lyric Theatre and Cultural Arts Center, Inc. ($160,000), Bluegrass Area Development District ($87,060), and Lexington Downtown Development Authority, Inc. ($388,950), at a total cost not to exceed $1,242,720. [Mayor's Office, Atkins]
Attachments: 1. Bluesheet Memo ED Purchase of Service, 2. World Trade Center KY Exhibit B, 3. SCORE Exhibit B, 4. Lyric Exhibit B, 5. DLC Exhibit B, 6. DDA Exhibit B, 7. CLEX Exhibit B, 8. Bluegrass ADD Exhibit B, 9. Contract 154-2014.pdf, 10. Contract 154-2014-2.pdf, 11. Contract 154-2014-3.pdf, 12. Contract 154-2014-4.pdf, 13. Contract 154-2014-5.pdf, 14. Resolution 417-2014.pdf
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Purchase of Service Agreements for FY2015 with Commerce Lexington ($457,000), Downtown Lexington Corp. ($42,710), Ky. World Trade Center, Inc. d/b/a World Trade Center Ky. ($100,000), Lexington Kentucky Chapter of SCORE ($7,000), Lyric Theatre and Cultural Arts Center, Inc. ($160,000), Bluegrass Area Development District ($87,060), and Lexington Downtown Development Authority, Inc. ($388,950), at a total cost not to exceed $1,242,720. [Mayor's Office, Atkins]
Summary
Authorization to execute Purchase of Service Agreements for FY 2015 with seven (7) Economic Development Partner Agencies. (L0678-14) (Atkins)
This is a request to execute Purchase of Service Agreements for FY 2015 with seven (7) Economic Development Partner Agencies for an amount of $1,242,720. Funds are budgeted.

Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number:
Commerce Lexington
1101-900101-0001-71101
457,000.00
Downtown Lexington Corporation
1101-900103-0001-71101
42,710.00
World Trade Center Kentucky
1101-900104-0001-71101
100,000.00
SCORE
1101-900105-0001-71101
7,000.00
Lyric
1101-900107-0001-71101
160,000.00
Bluegrass Area Dev District
1101-900302-0001-71101
87,060.00
Downtown Development Authority
1101-900609-0001-82101
388,950.00

This Fiscal Year Impact: $1,242,720
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: $1,242,720 FY 2015
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 and directed to execute the Purchase of Service Agreements for FY2015, which are attached hereto and incorporated herein by reference, with Commerce Lexington, Downtown Lexington Corporation, Kentucky World Trade Center, Inc. d/...

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