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HomeMy WebLinkAbout2012-3-7907ORDINANCE NO. 2012-3-7907 AN ORDINANCE AMENDING ORDINANCE NO. 2006-11-7213 "AUTHORIZING THE URBAN RENEWAL AND COMMUNITY DEVELOPMENT AGENCY TO ACT ON BEHALF OF THE CITY FOR REVITALIZATION OF THE FOUNTAIN AVENUE—PHASE I PROJECT" WHEREAS, the City adopted Ordinance No. 2006-11-7213, authorizing the Urban Renewal and Community Development Agency to act on behalf of the Board of Commissioners to create a development area, to apply for grants, to hold public hearings and approve acquisitions of property that do not exceed $50,000; and WHEREAS, the Planning Department is now in the construction phase and is requesting Urban Renewal be given the authority to act on behalf of the Board for approval of construction contracts that exceed $20,000 but do not exceed $50,000. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby authorizes the Urban Renewal and Community Development Agency to act on behalf of the Board of Commissioners of the City of Paducah for revitalization of the Fountain Avenue—Phase I project. SECTION 2. That Section 2 is hereby amended to read as follows: "That the Urban Renewal and Community Development Agency is further authorized to act on behalf of the Board of Commissioners to create a development area, to apply for grants, to hold public hearings, approve the purchase of property and work with the Planning Department to oversee the day-to-day activities to move this plan forward. Acquisitions and other expenditures for renovations that exceed $50,000 shall be presented to the Board of Commissioners for approval. SECTION 3. The City of Paducah hereby directs the Planning Department to provide a quarterly report that shows a map of the properties acquired and disposed of and lists the acquisition cost and disposal revenue for each parcel to the Board of Commissioners of the activity of the Urban Renewal and Community Development Agency regarding the Fountain Avenue—Phase I Project. SECTION 4. This ordinance shall be read on two separate days and will become effective upon summary publication pursuai ATTEST: J"1Wan - /y 6 C_.k Tammara S. Brock, City Clerk Introduced by the Board of Commissioners March 13, 2012 Adopted by the Board of Commissioners March 20, 2012 Recorded by Tammara S. Brock, City Clerk, March 20, 2012 Published by The Paducah Sun, March 24, 2012 \ord\plan\ftn ave -amend -urban renewal board