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File #: 0456-25    Version: 1 Name: TEConomy Partners, LLC Extension of Existing Contract
Type: Resolution Status: Approved
File created: 4/30/2025 In control: Urban County Council
On agenda: 5/29/2025 Final action: 5/29/2025
Enactment date: 5/29/2025 Enactment #: R-235-2025
Title: A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute the First Amendment to the Purchase of Service Agreement with TEConomy Partners, LLC, extending the Agreement's term to June 30, 2025, at no additional cost to the Urban County Government. [Mayor's Office, Atkins]
Attachments: 1. Blue Sheet TEConomy Partners April 2025, 2. TEConomy FIRST AMENDMENT TO PSA with TECONOMY .2 . 4922-6402-4886, 3. TEConomy PSA October 2024, 4. RESO 456-25 First Amendment to PSA with Teconomy 4900-6638-8550 v.1.pdf, 5. R-235-2025
Related files: 1019-24

Title

A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute the First Amendment to the Purchase of Service Agreement with TEConomy Partners, LLC, extending the Agreement’s term to June 30, 2025, at no additional cost to the Urban County Government. [Mayor's Office, Atkins]

Summary

Authorization to amend an Agreement with TEConomy Partners LLC for an extension of their Purchase of Service Agreement (Resolution 538-2024) changing the original expiration date from April 2025 to June 30, 2025, at no additional cost. (L0456-25)(Atkins)

Budgetary Implications [select]: No

Advance Document Review:

Law: { Yes, Completed by [Evan Thompson, 4/30/2025]}

Risk Management:  {Select Yes/No, Completed by [Official, Date]}

Fully Budgeted [select]: NA

Account Number:                     

This Fiscal Year Impact:                     NA

Annual Impact:                      NA

Project:

Activity:

Budget Reference:

Current Balance:

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 First Amendment to the Purchase of Service Agreement, which is attached hereto and incorporated herein by reference, with TEConomy Partners, LLC, extending the Agreement’s term to June 30, 2025, at no additional cost to the Urban County Government.

Section 2 - This Resolution shall become effective on the date of its passage.

PASSED URBAN COUNTY COUNCIL:


___________________________________

MAYOR

 

ATTEST:

 

________________________________

CLERK OF URBAN COUNTY COUNCIL

456-25:EPT_4900-6638-8550, v. 1