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HomeMy WebLinkAboutMO # 1536I VAMN WHEREAS, the Paducah Riverfront Development Authority (hereinafter "PRDA") was created by Ordinance No. 2008-10-7467; and, WHEREAS, the aforesaid Ordinance authorized the Board of Commissioners of the City of Paducah to appropriate such sums as may be necessary to cant' out the mission of PRDA; and, WHEREAS, the Board of Commissioners made such appropriation upon the adoption of its current budget as contained in Ordinance No. 2009-6-7575; WHEREAS, so that the mission of PRDA may be carried out in the most expeditious and efficient manner possible and to ensure compliance with the laws of the Commonwealth of Kentucky, IT IS HEREBY ORDERED THAT: 1. The Finance Department of the City of Paducah may make prompt and direct payments of invoices presented to it by PRDA, if the Finance Department first finds that the following conditions precedent are met: a. The invoice is for an expenditure authorized in the City's current budget or funds set aside in an authorized project account; b. The payment requested cannot exceed the amount of the budget appropriation or project account balance; C. The request for payment must be on legitimate invoices which must, in each instance, contain on its face a signature of an authorized PRDA officer and inscribed as "Approved for payment and conforming with all City and State procurement laws. Date 2. This Municipal Order shall become effective on the date of its adoption and shall remain in effect until amended or repealed by action of the Board of Commissioners of the City of Paducah, Kentucky. ATTEST: Jafy� � J. 6rLcxk Tammara S. Brock, City Clerk Adopted by the Board of Commissioners, April 27, 2010 Recorded by Tammara S. Brock, City Clerk, April 27, 2010 \mo\prda-expense auth