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HomeMy WebLinkAboutMO # 1646MUNICIPAL ORDER NO. 1646 A MUNICIPAL ORDER AUTHORIZING THE MAYOR TO EXECUTE AN APPLICATION AND ALL DOCUMENTS RELATING TO SAME, TO OBTAIN A MATCHING GRANT THROUGH THE KENTUCKY HOUSING CORPORATION FOR A HOME GRANT IN THE AMOUNT OF $308,000, TO BENEFIT THE FOUNTAIN AVENUE NEIGHBORHOOD REVITALIZATION PROJECT BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized to execute an application and all documents relating to same, to obtain a matching grant through the Kentucky Housing Corporation for a HOME Grant in the amount of $308,000 to benefit the Fountain Avenue Neighborhood Revitalization Project. The City's local cash match is in the amount of $84,000 and anticipated to come from the Planning Departments FY 2012/2013 Budget. SECTION 2. This order shall be in full force and effect from and after the date of its adoption. ATTEST: jae�wi4plPxo ck Tammara S. Brock, City Clerk Adopted by the Board of Commissioners, February 14, 2012 Recorded by Tammara S. Brock, City Clerk, February 14, 2012 \mo\grants\Ky Housing Corp HOME Grant 2012