HomeMy WebLinkAbout10/30/01454
OCTOBER 30, 2001
At a Called Meeting of the Board of Commissioners, held in the Commission Chambers
at City Hall, at 5:00 p.m., October 30, 2001, Mayor Paxton presided, and upon call of the
roll by the City Clerk, the following answered to their names: Commissioners Abraham,
Coleman, Montgomery, Smith and Mayor Paxton (5).
v' R & F NOTICES
Commissioner Coleman offered motion, seconded by Commissioner Montgomery, that
the Notice of Called Meeting of the Board of Commissioners of the City of Paducah for
5:00 p.m., Tuesday, November 6, 2001, be received and filed. Adopted on call of the
roll, yeas, Commissioners Abraham, Coleman, Montgomery, Smith and Mayor Paxton
(5).
WORKSHOP
MAYOR'S COMMUITY RETREAT ✓
Mayor Paxton gave a report on the Mayor's Community Retreat that was held on
Saturday, November 27, at the Senior Citizens Center.
PATS PLANS & ACTIVITIES
Gary Kitchin gave the Commission a briefing on PATS plans and activities. We,
ORDINANCE — EMERGENCY
LETTER OF CREDIT FOR INDUSTRIAL DEVELOPMENT AUTHORITY
BUILDING IN INFORMATION AGE PARK
Commissioner Montgomery offered motion, seconded by Commissioner Coleman,
that the Board of Commissioners introduce and adopt an ordinance entitled, "AN
'
ORDINANCE AUTHORIZING THE CITY OF PADUCAH TO EXECUTE AN
IRREVOCABLE STAND-BY LETTER OF CREDIT IN AN AMOUNT NOT TO
EXCEED $600,000, AND DECLARING AN EMERGENCY TO EXIST". This
ordinance is summarized as follows: Authorizing the Mayor to procure a $600,000
irrevocable stand-by letter of credit designating the Kentucky Economic Development
Finance Authority as beneficiary so as to secure the promise of the Paducah -McCracken
County Industrial Development Authority to complete and sell a shell building in the
Information Age Park and satisfy the Authority by no later than December 31, 2004.
Adopted on call of the roll, yeas, Commissioners Abraham, Coleman, Montgomery,
Smith and Mayor Paxton (5). ORD.NO.2001-10-6449, BOOK 29, P /%r
PARKS & RECREATION MASTER PLAN
Mark Thompson reported on progress of the Parks and Recreation Master Plan.
CITY MANAGER REPORT
• Calendar Items ✓
• Workshop scheduled for Tuesday, November 6 at 4:30 p.m.
EXECUTIVE SESSION
Commissioner Montgomery offered motion, seconded by Commissioner Coleman, that
the Board go into closed session for discussion of matters pertaining to the following
topics:
1. Issues which might lead to the appointment, dismissal or disciplining of an
employee, as permitted by KRS 61.810)(1)(f)
2. A specific proposal by a business entity where public discussion of the subject
matter would jeopardize the location, retention, expansion or upgrading of a
business entity, as permitted by KRS 61.810(1)(g).
455
Adopted on call of the roll, yeas, Commissioners Abraham, Coleman, Montgomery,
Smith and Mayor Paxton (5).
JAt the conclusion of the executive session the Board reconvened in open session,
whereupon the Mayor announced there was no further business.'
Upon motion the meeting adjourned.
ADOPTED: November 13, 2001
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