A pet project of Lexington Mayor Jim Gray remains locked up at city hall. Mayor Jim Gray wants the city to finance a one million dollar economic development fund. Its grants and loans would help businesses create new jobs. Gray would like to see council act on the ‘jobs fund’, but some council members like Chris Ford want more time before voting.
“I do think it’s fair to say that we have not had a comprehensive look or overview on the jobs fund. We approved the funding for it, really in concept,” said Ford. While saying he understands the need for study, Gray says such delays hurt Lexington's employment picture. “My concern is kicking the can down the road and preventing us from doing what we said we were gonna do, which is help people get jobs,” said Gray. If Lexington's council acts in the next month, city administrators say the "jobs fund" could be implemented this spring.