HomeMy WebLinkAbout2015-06-8268290
ORDINANCE NO. 2015-6-8268
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A
CONTRACT WITH THE GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL
FOR SPECIFIC SERVICES THAT WILL INCLUDE SERVICES FOR ENTREPADUCAH
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the Mayor is hereby authorized to execute a contract with
Greater Paducah Economic Development Council in the amount of $300,000, to be paid in equal
quarterly allocations of $62,500, for performance of services as outlined in said Contract.
Further, the contract sets out services for EntrePaducah with funding from the City in the amount
of $50,000, to be paid in equal quarterly allocations of $12,500. This contract shall expire June
30, 2015.
SECTION 2. This expenditure will be charged to the Investment Fund account,
Project No. ED0006, account number 004-0401-536-2307.
SECTION 3. This ordinance shall be read on two separate days and will become
effective upon summary publication pursuant to KRS Chapter 424.
ATTEST:
Tammara S. Sanderson, City Clerk
Introduced by the Board of Commissioners, June 23, 2015
Adopted by the Board of Commissioners, June 25, 2015
Recorded by Tammara S. Sanderson, City Clerk, June 25, 2015
Published by the Paducah Sun, June 30, 2015
\ord\contract-GPEDC fy14-15