Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Lease Agreement with the Lexington Humane Society and Lexington-Fayette Animal Care & Control for space at 1600 Old Frankfort Pike for use as an animal shelter for a period of five (5) years, plus five (5) additional one (1) year renewals, at a cost of $63,000 for FY 2019, to increase by 2.1% for four (4) years, then adjusted annually in accordance with the U.S. Bureau of Labor Statistics Consumer Price Index. [Office of the Chief Administrative Officer, Hamilton]
Summary
Authorization to execute a Lease Agreement between Lexington Humane Society, Lexington-Fayette Animal Care and Control and Lexington-Fayette Urban County Government for space at 1600 Old Frankfort Pike, Lexington, KY 40504. The initial term of the Agreement for five (5) years beginning July 1, 2018 and ending June 30, 2023 with an option of automatic annual renewal of five (5) additional one (1) year terms. This Fiscal Year impact is $44,250. Funds are Budgeted. (L0636-18) (Hamilton)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by [Attorney, Charles Edwards III 5/24/18]}
Risk Management: No
Fully Budgeted: Yes
Account Number: 1101-505002-0001-71299
This Fiscal Year Impact: N/A
Annual Impact: $44,250.00
Project:
Activity:
Budget Reference:
Current Balance: $1,485,200.00 in FY19
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 the Lexington Humane Society and Lexington-Fayette Animal Care & Control for space at 1600 Old Frankfort Pike for use as an animal shelter for a period of five (5) years, plus five (5) additional one (1) year renewals, at a cost of $63,000.00 for FY 2019, to increase by 2.1% for four (4) years, then adjusted annually in accordance with the U.S. Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, South Region.
Section 2 - That an amount not to exceed the sum of $63,000.00 be and hereby is approved for payment to the Lexington Humane Society from account 1101-505002-0001-71299 for July 1, 2018, through June 30, 2019, and such further amounts as May be due under the terms of the Lease 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