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HomeMy WebLinkAbout80-5-1903616 ORDINANCE NO. -80-5-190 AN ORDINANCE DESIGNATING THE TRANSIT AUTHORITY OF PADUCAH AS AGENT OF THE CITY OF PADUCAH FOR ALL PURPOSES CONTAINED UNDER THE URBAN MASS TRANSIT ACT, SECTION 18 GRANT, AND TRANSFERRING MONIES RECEIVED UNDER THESE GRANTS TO THE TRANSIT AUTHORITY OF PADUCAH WHEREAS, the City of Paducah has applied for and received Mass Transit Grants from the state of Kentucky and the United States Government, and WHEREAS, the City of Paducah has created the Transit Authority of Paducah, and WHEREAS, said Transit Authority is now functioning and operating, and WHEREAS, the Transit Authority of Paducah has advertised for and received bids on the purchase of busses for "operating a bus system within Paducah, and WHEREAS, the City of Paducah has received grants from the state of Kentucky for the purchase of busses and to defray operating expenses. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Transit Authority of Paducah be, and it is hereby, designated as the Agent of the City of Paducah to carry out the terms and con- ditions of the Urban Mass Transit Act, Section 18 Grant. SECTION 2. The Transit Authority of Paducah is authorized to receive the sum of $296,212.00 on behalf of the City of Paducah, from the Commonwealth of Kentucky and the United States Government under the Mass Transit Grant application. SECTION 3. The City Manager and City ;Treasurer are authorized and directed to transfer the balance of Account No. 8084, revenue sharing, to the Transit Authority for their use in matching funds for equipment purchase and operating expenses of the Transit Authority. SECTION 4. This ordinance shall be in full force and effect from and after the date of its adoption. Mayor Protem Passed by the Board of Commissioners May 13, 1980 Recorded by Louise McKinney, City Clerk, May 13, 1980. Commissioner