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HomeMy WebLinkAbout2015-05-8238ORDINANCE NO. 2015-5-823 8 AN ORDINANCE APPROVING AN AGREEMENT BETWEEN THE COMMONWEALTH OF KENTUCKY, TRANSPORTATION CABINET AND THE CITY OF PADUCAH, KENTUCKY, FOR FEDERAL HIGHWAY ADMINISTRATION (FHWA) FUNDS TO BE ALLOCATED TOWARD THE RIVERFRONT IMPROVEMENT PROJECT PHASE 1-B AND AUTHORIZING THE MAYOR TO EXECUTE SAME BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby approves an Agreement with the Commonwealth of Kentucky, Transportation Cabinet for reimbursable FHWA funds in the amount of $3,920,000 for the Riverfront Improvement Project Phase 1-B. SECTION 2. The City hereby authorizes the Mayor to execute the agreement with the Commonwealth of Kentucky, Transportation Cabinet for FHWA funding for the Riverfront Improvement Project Phase 1-B approved in Section 1 above. SECTION 3. Reimbursement FHWA funds from the Transportation Cabinet shall be deposited in the RF 1-B FHWA project account DT0020, account number 040-3315-532- 2307. SECTION 4. The City Commission hereby finds and determines that all formal actions relative to the adoption of this Ordinance were taken in an open meeting of this City Commission, and that all deliberations of this City Commission and of its committees, if any, which resulted in formal action, were in meetings open to the public, in full compliance with applicable legal requirements. SECTION 5. This Ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: Taminara S. Sanderson, City Clerk Introduced by the Board of Commissioners, May 12, 2015 Adopted by the Board of Commissioners, May 19, 2015 Recorded by Tammara S. Sanderson, City Clerk, May 19, 2015 Published by The Paducah Sun, Ma,, 2R, Q015 \ord\eng\agree-ky-riverfront phase 1-B CERTIFICATION I, Tammara S. Sanderson, hereby certify that I am the duly qualified and acting Clerk of the City of Paducah, Kentucky and that the foregoing is a full, true and correct copy of Ordinance No. 2015-4-8238 adopted by the Board of Commissioners of the City of Paducah at a meeting held on May 19, 2015. City Clerk