Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute an Agreement with TAC Air for aircraft storage at a cost not to exceed $20,640. [Div. of Police, Barnard]
Summary
Authorization to accept an Aircraft Storage Agreement with TAC Air. The Lexington Police Department will pay a monthly fee of $1,720.00. Funds are Budgeted. (L0433-17) (Barnard/Bastin)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Michael Sanner, April 10, 2017
Risk Management: N/A
Fully Budgeted: Yes
Account Number: 1132-505501-5511-71302
This Fiscal Year Impact: $1,720 monthly
Annual Impact: $20,640 annual cost
Project:
Activity:
Budget Reference:
Current Balance: $12,357.90 in FY 17 and $25,000 included in FY 18 Mayor’s Proposed Budget
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 Agreement, which is attached hereto and incorporated herein by reference, with TAC Air, for Aircraft Storage.
Section 2 - That an amount, not to exceed the sum of $20,640.00, be and hereby is approved for payment to TAC Air, from account # 1132-505501-71302, pursuant to the terms of the Agreement.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL