HomeMy WebLinkAbout2011-5-7814ORDINANCE NO. 2011-5-7814
AN ORDINANCE OF THE CITY OF PADUCAH, KENTUCKY, TO
INCLUDE THE COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS (CDBG)
IN THE FY2012 BUDGET FOR THE JACKSON HOUSE ELEVATOR SYSTEM
PROJECT; THE CDBG FUNDS SHALL BE KEPT IN A DISTINCT NON-INTEREST
BEARING ACCOUNT; AND FURTHER, THE WESTERN KENTUCKY SENIORS
CENTER UNION LABOR HOUSING CORPORATION SHALL BE RESPONSIBLE
FOR THE LOCAL CASH MATCH REQUIREMENT, ANY EXPENSES INCURRED
AND COST OVERRUNS FOR THE JACKSON HOUSE ELEVATOR SYSTEM
PROJECT
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the City of Paducah, Kentucky, upon receipt of the
Community Development Block Grant funds in an amount not to exceed $1,000,000
from the Office of the Governor, Department for Local Government, for the Jackson
House Elevator System Project shall be included in the City's FY2012 budget and shall
be kept in a distinct non-interest bearing account.
SECTION 2. The City hereby agrees to administer the funds, act as the
legal recipient and fiscal agent for the grant and the Western Kentucky Seniors Center
Union Labor Housing Corporation shall be responsible for the local cash match
requirements of $114,100, additional expenses incurred and cost overruns.
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. Brock, City Clerk
Introduced by the Board of Commissioners, April 26, 2011
Adopted by the Board of Commissioners, May 10, 2011
Recorded by Tammara S. Brock, City Clerk, May 10, 2011
Published by The Paducah Sun, May 14, 2011
\ord\finance\budget 2012-cdbg funds for Jackson House