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File #: R-082-21    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/9/2021 In control: Labor and Economic Development Committee
On agenda: 9/23/2021 Final action: 9/23/2021
Title: A RESOLUTION PURSUANT TO THE CAPITAL AND OPERATING BUDGET ORDINANCES, APPROVING THE APPROPRIATION TO FUND THE FOLLOWING NONCOMPETITIVELY NEGOTIATED PROFESSIONAL SERVICE CONTRACT FOR LOUISVILLE FORWARD CONCERNING FINANCIAL ADVICE AND COUNSELING ON COMPLEX FINANCIAL ARRANGEMENTS, DEAL STRUCTURES AND TAX INCREMENT FINANCING - COMMONWEALTH ECONOMICS PARTNERS, LLC - $108,000.
Sponsors: David James (D-6)
Attachments: 1. R-082-21 V.1 082621 Contract for Louisville Forward on financial arrangements with Commonwealth Economics Partners, LLC.pdf, 2. Commonwealth Economics Contract FY22.pdf, 3. RES 078 2021.pdf

RESOLUTION No. __________, Series 2021

TITLE

A RESOLUTION PURSUANT TO THE CAPITAL AND OPERATING BUDGET ORDINANCES, APPROVING THE APPROPRIATION TO FUND THE FOLLOWING NONCOMPETITIVELY NEGOTIATED PROFESSIONAL SERVICE CONTRACT FOR LOUISVILLE FORWARD CONCERNING FINANCIAL ADVICE AND COUNSELING ON COMPLEX FINANCIAL ARRANGEMENTS, DEAL STRUCTURES AND TAX INCREMENT FINANCING - COMMONWEALTH ECONOMICS PARTNERS, LLC - $108,000.

BODY

Sponsored By: Council president David james          

 

BE IT RESOLVED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AS FOLLOWS:

 

SECTION I:                     The following appropriation for the listed contract is hereby approved:

 

LOUISVILLE FORWARD

$108,000 for a noncompetitively negotiated Professional Service Contract with Commonwealth Economics Partners, LLC for professional services regarding financial advice and counseling on complex financial arrangements, deal structures and tax increment financing from July 1, 2021 through June 30, 2022.

SECTION II: This Resolution shall take effect upon its passage and approval.

 

 

 

 

_______________________________ Sonya Harward Metro Council Clerk

_____________________________ David James President of the Council

 

 

 _______________________________ Greg Fischer Mayor

 _____________________________ Approval Date

 

 

 

APPROVED AS TO FORM AND LEGALITY:

 

Michael J. O’Connell

Jefferson County Attorney

 

 

By:  ____________________________

 

R-082-21 PSC 2022-xxxx Economic Development with Commonwealth Economics Partners LLC Resolution FY21 070721.doc [pr]