HomeMy WebLinkAbout07-01-2014438
July 1, 2014
At a Regular Meeting of the Board of Commissioners, held on Tuesday, July 1, 2014, at 5:30
p.m., in the Commission Chambers of City Hall located at 300 South 5th Street, Mayor Kaler
presided, and upon call of the roll by the City Clerk, the following answered to their names:
Commissioners Abraham, Gault, Wilson and Mayor Kaler (4). Commissioner Rhodes was
absent (1).
INVOCATION
Lance Denee' gave the invocation.
PLEDGE OF ALLEGIANCE
- Meg Hancock, Paducah Tilghman High School Sophomore, led the pledge.
PATRIOTIC POEM
Meg Hancock, read "The New Colossus" by American Poet Emma Lazarus. The poem is
engraved on aXlaque mounted inside the lower level of the Statue of Liberty. It was read in
honor of the 4 of July holiday.
ORDINANCES — ADOPTION
2005 POLICE & FIRE FIGHTER PENSION BOND REFINANCING
Commissioner Abraham offered motion, seconded by Commissioner Gault, that the Board of
Commissioners adopt an ordinance entitled, "AN ORDINANCE OF THE CITY OF
PADUCAH, KENTUCKY AUTHORIZING THE ISSUANCE OF CITY OF PADUCAH,
KENTUCKY TAXABLE GENERAL OBLIGATION REFUNDING BONDS SERIES 2014B
(POLICE AND FIREFIGHTERS PENSION PLAN) IN THE AGGREGATE PRINCIPAL
AMOUNT OF $4,230,000 (SUBJECT TO A PERMITTED ADJUSTMENT INCREASING OR
DECREASING THE SIZE OF SAID BONDS BY UP TO $425,000), FOR THE PURPOSE OF
REFUNDING IN ADVANCE OF MATURITY A PORTION OF THE OUTSTANDING CITY
OF PADUCAH, KENTUCKY TAXABLE GENERAL OBLIGATION BONDS (POLICE AND
FIREFIGHTERS PENSION PLAN), SERIES 2005; AUTHORIZING AND APPROVING THE
ENGAGEMENT OF THE FINANCIAL ADVISOR AND BOND COUNSEL IN
CONNECTION WITH THE ISSUANCE AND SALE OF THE BONDS; APPROVING THE
FORM OF THE BONDS; AUTHORIZING DESIGNATED OFFICERS TO EXECUTE AND
DELIVER THE BONDS; AUTHORIZING AND DIRECTING FILINGS WITH THE STATE
LOCAL DEBT OFFICER AND DEPARTMENT FOR LOCAL GOVERNMENT;
PROVIDING FOR THE PAYMENT AND SECURITY OF THE BONDS; CREATING A
BOND PAYMENT FUND; MAINTAINING THE HERETOFORE ESTABLISHED SINKING
FUND; AUTHORIZING ACCEPTANCE OF THE BID OF THE BOND PURCHASER FOR
THE PURCHASE OF THE BONDS; AND REPEALING INCONSISTENT ORDINANCES".
This ordinance is summarized as follows: This Ordinance authorizes the issuance of general
obligation refunding bonds designated as Series 2014B in the approximate principal amount of
$4,230,000 (the 'Bonds") by the City of Paducah, Kentucky (the "City"). The Bonds are to be
issued for the purpose of refunding in advance of maturity a portion of the outstanding City of
Paducah, Kentucky Taxable General Obligation Bonds (Police and Firefighters Pension Plan),
Series 2005 (the "Prior Bonds"), the proceeds of which were used to fund unfunded liabilities in
the City's police and firefighters pension fund the "Pension Fund"). Provisions are made in the
Ordinance for the payment of the Bonds and the security therefor; for the application of the
proceeds of the Bonds; for the establishment of a Bond Payment Fund; for the maintenance of the
previously established sinking fund; and for certain covenants of the City with respect to the
Bonds. The Bonds are to be sold at public, competitive sale, and shall mature, or be subject to
mandatory sinking fund redemption, in varying amounts on November 1 of each of the years 2014
through 2025. The Bonds pledge the full faith and credit of the City and provision is made for the
collection of a tax to pay the principal of, and interest on the Bonds, subject to certain credits, as
provided in Section 8 of the Ordinance. As required by KRS 83A.060, the following Section 7 of
the Ordinance is set forth in its entirety:
"Section 7 -- General Obligation. The Bonds shall be full general obligations of the City
and, for the payment of said Bonds, and the interest thereon, the full faith, credit and revenue of
the City are hereby pledged for the prompt payment thereof. During the period the Bonds are
outstanding, there shall be and there hereby is levied on all the taxable property in the City, in
addition to all other taxes, without limitation as to rate, a direct tax annually in an amount
sufficient to pay the principal of and interest on the Bonds when and as due, it being hereby
found and determined that current tax rates are within all applicable limitations. Said tax shall be
and is hereby ordered computed, certified, levied and extended upon the tax duplicate and
collected by the same officers in the same manner and at the same time that taxes for general
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July 1, 2014
purposes for each of said years are certified, extended and collected. Said tax shall be placed
before and in preference to all other items and for the full amount thereof provided, however,
that in each year to the extent that the other lawfully available funds of the City are available for
the payment of the Bonds, including amounts available under the Lease, and are appropriated for
such purpose, the amount of such direct tax upon all of the taxable property in the City shall be
reduced by the amount of such other funds so available and appropriated."
Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Wilson and Mayor Kaler.
ORD.#2014-7-8158; BK 34
2014-2015 KY HOUSEHOLD HAZARDOUS WASTE GRANT AWARD
Commissioner Gault offered motion, seconded by Commissioner Abraham, that the Board of
Commissioners adopt an ordinance entitled, "AN ORDINANCE ACCEPTING MATCHING
GRANT FUNDS THROUGH THE KENTUCKY DIVISION OF WASTE MANAGEMENT
FOR A 2014-2015 HOUSEHOLD HAZARDOUS WASTE GRANT FOR FUNDING THE
ANNUAL CITY/COUNTY CLEAN-UP DAY AND AUTHORIZING THE MAYOR TO
EXECUTE A GRANT AGREEMENT, AN INTERLOCAL AGREEMENT WITH
MCCRACKEN COUNTY, AND ALL DOCUMENTS RELATING THERETO". This
ordinance is summarized as follows: The City of Paducah hereby accepts matching grant funds
in the amount of $26,800 through the Kentucky Division of Waste Management for a 2014-2015
Household Hazardous Waste Grant to fund disposal services and an educational outreach
program for the 2015 Annual City/County Clean -Up Day and authorizes the Mayor to execute a
grant agreement, an Interlocal Agreement with McCracken County, and all documents relating
thereto. A local match of $14,637.50 is required from the City and County contributing
$7,318.75 each, through cash and/or in-kind contributions.
Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Wilson and Mayor Kaler.
ORD.#2014-7-8159; BK 34
AUTHORIZE AN AGREEMENT WITH SHAWNEE PROFESSIONAL SERVICES FOR
ENGINEERING SERVICES FOR OLIVET CHURCH ROAD IMPROVEMENT
PROJECT
Commissioner Wilson offered motion, seconded by Commissioner Abraham, that the Board of
Commissioners adopt an ordinance entitled, "AN ORDINANCE AUTHORIZING THE
MAYOR TO EXECUTE AN ENGINEERING SERVICE AGREEMENT IN AN AMOUNT
NOT TO EXCEED $52,000 FOR PROFESSIONAL ENGINEERING DESIGN SERVICES
RELATED TO UPDATING THE UTILITY AND ROADWAY PLANS FOR THE OLIVET
CHURCH ROAD IMPROVEMENT PROJECT." This ordinance is summarized as follows:
That the Mayor of the City of Paducah is hereby authorized to execute an Engineering Service
Agreement with Shawnee Professional Services in an amount not to exceed $52,000 for updating
of the Utility and Roadway plans for the Olivet Church Road Improvement Project.
Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Wilson and Mayor Kaler.
ORD.#2014-7-8160; BK 34
AUTHORIZE A CONTRACT WITH NICHOLS ELECTRIC CO. FOR THE FIRE
STATION NO.1 GENERATOR PROJECT
Commissioner Abraham offered motion, seconded by Commissioner Gault, that the Board of
Commissioners adopt an ordinance entitled, "AN ORDINANCE ACCEPTING THE BID OF
NICHOLS ELECTRIC CO., LLC FOR THE PURCHASE OF A NEW EMERGENCY
GENERATOR TO BE INSTALLED AT FIRE STATION NO. 1, AND AUTHORIZING THE
MAYOR TO EXECUTE AN AGREEMENT FOR SAME." This ordinance is summarized as
follows: That the City of Paducah accepts the bid of Nichols Electric Co., LLC in the amount of
$83,900, for the purchase of a new emergency generator to be installed at Fire Station No. 1, and
authorizing the Mayor to execute an agreement for same.
Adopted on call of the roll, yeas, Commissioners Abraham, Gault, Wilson and Mayor Kaler.
ORD.#2014-7-8161; BK 34
APPROVE LEASE AGREEMENT WITH GENOVA
Commissioner Gault offered motion, seconded by Commissioner Abraham, that the Board of
Commissioners adopt an ordinance entitled, "AN ORDINANCE OF THE CITY OF
PADUCAH, KENTUCKY, APPROVING A LEASE AGREEMENT AMONG THE CITY OF
PADUCAH, MCCRACKEN COUNTY, AND GENOVA PRODUCTIONS, INC., WITH
July 1, 2014
RESPECT TO A PUBLIC PROJECT; AUTHORIZING THE EXECUTION OF THE LEASE
AGREEMENT AND OTHER DOCUMENTS RELATED THERETO." This ordinance is
summarized as follows: In this Ordinance the City of Paducah ("City") approves the leasing of
property located at 5400 Commerce Drive, Paducah, Kentucky to Genova Productions, Inc.,
pursuant to a Lease Agreement dated June 30, 2014, by and between County of McCracken, City
of Paducah and Genova Productions, Inc. This Ordinance further authorizes the Mayor of the
City of Paducah, Kentucky, to execute and deliver all documents necessary to consummate the
transaction. ORD.#2014-7-8162; BK 34
ORDINANCE — INTRODUCTION
REIMBURSEMENT AGREEMENT WITH PADUCAH WATER FOR THE OLIVET
CHURCH ROADWAY WATER CONSTRUCTION EXPENSES
Commissioner Wilson offered motion, seconded by Commissioner Abraham, that the Board of
Commissioners introduce an ordinance entitled, "AN ORDINANCE AUTHORIZING THE
MAYOR TO EXECUTE A REIMBURSEMENT AGREEMENT WITH PADUCAH WATER
FOR THE WATER CONSTRUCTION RELATED TO THE OLIVET CHURCH ROAD
ROADWAY IMPROVEMENT PROJECT AND AUTHORIZES THE FINANCE DIRECTOR
TO TRANSFER FUNDS FROM THE GENERAL FUND FUND RESERVE
(UNAPPROPRIATED AND UNDESIGNATED) ACCOUNT." This ordinance is summarized
as follows: That the City of Paducah hereby authorizes the Mayor to execute a reimbursement
agreement between Paducah Water and the City of Paducah, Kentucky, for reimbursement for
actual labor and materials necessary for water construction to complete the Olivet Church Road
Roadway Improvement Project at the estimated cost of $460,000.00. In the event the total
invoice amount exceeds the estimated amount required to complete said project, the City hereby
authorizes the Finance Director to issue payment for the actual total costs to Paducah Water.
Additionally, the Finance Director is authorized to transfer funds in an amount not to exceed
$127,000 from the General Fund fund reserve (unappropriated and undesignated) account to the
Olivet Church Roadway Project account.
CITY MANAGER REPORT
The City Manager asked Paducah Riverfront Development Authority Executive Director Steve Doolittle to
give an update on the hotel development activities.
MAYOR & COMMISSIONER COMMENTS
Mayor Kaler attended a reception in honor of Richard Roof. He has served as Barkley Regional Airport
manager for 40 years.
Commissioner Wilson reminded everyone that the new boat launch at 6th and Burnett Streets is open and
encouraged boaters to use this holiday weekend.
PUBLIC COMMENTS
Lois Hester, of 2127 Madison Street addressed the Commission about flooding on Madison Street.
Commissioner Gault offered to get her in contact with Paducah -McCracken County Joint Sewer Agency to
see if there is an issue that can be addressed. City Engineer Rick Murphy assured her that the Engineering -
Public Works would pick up the extra trash she put out at no extra charge.
Upon motion the meeting adjourned.
ADOPTED: July 22, 2014
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