HomeMy WebLinkAbout2016-04-8359ORDINANCE NO. 2016-4-8359
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A
CONTRACT FOR SERVICES 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 $250,000, 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, 2016.
SECTION 2. This expenditure will be charged to the Investment Fund account,
account number 004-0401-536-2307, with GPEDC portion from Project No. ED0006 and
EntrePaducah portion from Project No. EDO101.
SECTION 3. If any section, paragraph or provision of this Ordinance shall be
held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such
section, paragraph or provision shall not affect any of the remaining provisions of this
Ordinance.
SECTION 4. This ordinance shall be read on two separate days and will become
-- effective upon summary publication pursuant to KRS Chapter 424.
ATTEST:
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Tammara
S. Sanderson, City Clerk
Introduced by the Board of Commissioners, April 5, 2016
Adopted by the Board of Commissioners, April 12, 2016
Recorded by Tammara S. Sanderson, City Clerk, April 12, 2016
Published by the Paducah Sun, April 15, 2016
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