Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a multi-year Agreement with Ion Wave Technologies, Inc., for a procurement system, at a cost not to exceed $27,500 in Fiscal Year 2022. [Div. of Purchasing, Slatin]
Summary
Authorization to execute a multi-year Agreement subject to appropriation with Ion Wave Technologies, Inc. to provide a procurement system at a cost not to exceed $27,500 for FY 2022. Funds are Budgeted. (L0548-21) (Slatin/Hensley)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes, Completed by Barberie
Risk Management: No
Fully Budgeted: Yes
Account Number: 1101-202801-0001-76102 $23,210
1115-202801-0001-76102 $2,000
4002-202801-0001-76102 $1,430
4051-202801-0001-76102 $860
This Fiscal Year Impact: $27,500
Annual Impact: Escalating, not to exceed $29,500
Project:
Activity:
Budget Reference:
Current Balance: 1101-202801-0001-76102 $24,220.00
1115-202801-0001-76102 $2,000.00
4002-202801-0001-76102 $1,430.00
4051-202801-0001-76102 $860.00
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 a multi-year Agreement, which is attached hereto and incorporated herein by reference, with Ion Wave Technologies, Inc., for a procurement system, at cost not to exceed $27,500.00 in FY 2022.
Section 2 - That an amount, not to exceed the sum of $27,500.00 in Fiscal Year 2022, be and hereby is approved for payment to Ion Wave Technologies, Inc., from accounts #1101-202801-76102 ($23,210.00), #1115-202801-76102 ($2,000.00), #4002-202801-76102 ($1,430.00), and #4051-202801-0001-76102 ($860.00), with future fiscal years contingent upon the appropriation of sufficient funds.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
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