HomeMy WebLinkAbout2016-08-8404ORDINANCE NO. 2016-8-8404
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 ENTREPADI. C -AH
BE IT ORDAMI D 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 gtiarterly allocations of $12,500. This contract shall expire June
30, 2017.
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 Protect No. EDO101.
SECTION 3. If >-mv section, paragraph or provision of this Ordinance shall be
held to be invalid or unenforceabie for any reason, the invalidity or unenforceability of such
section, paragraph or provision -:,hall not affect any of the remaining provisions of this
Ordinance.
SECTION 4. Tbis ordinance shall be read on two separate days and will become
effective upon summary publication pursuant to KRS Cha
ATTEST:
Tammara S. Sanderson, City Clerk
Introduced by the Board of Coniardissioners, August 9, 2016
Adopted by the Board of Commissioners, August 16, 2016
Recorded by Tammara S. Sanderson, City Clerk, August 16, 2016
Published by the Paducah Sun, August 18, 2016
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