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MUNICIPAL ORDER NO. 2048
A MUNICIPAL ORDER OF THE CITY OF PADUCAH, KENTUCKY,
CONDITIONALLY APPROVING THE APPLICATION OF CENTURION
DEVELOPMENT, LLC FOR A UPPER STORY RESIDENTIAL GRANT
RELATING TO THE REAL PROPERTY LOCATED AT 227 BROADWAY,
PADUCAH,KENTUCKY
WHEREAS, previously the City adopted and implemented the Upper Story Residential
Grant Program (the "Grant Program") as set forth in Sections 34-151 through 34-156 of the Code
of Ordinances of the City of Paducah and committed funds to be awarded to eligible applicants
to promote the occupancy of vacant unused residential space within historic buildings located
within the Historic Downtown area; and
WHEREAS, Centurion Development, LLC, a Missouri limited liability company
("Applicant") is the owner of a historic building located at 227 Broadway in the Paducah
Historic Downtown area and has submitted an application under the Grant Program for the
rehabilitation of six (6) upper story residential units; and
WHEREAS, the Urban Renewal and Community Development Agency for the City of
Paducah has reviewed the application and by motion adopted on November 27, 2017, makes its
recommendation to the City Commission for the City's conditional approval of the Applicant's
application and the award of grant funds in an amount not to exceed 20% of the rehabilitation
cost per residential unit with a maximum cap of $15,000.00 per residential unit.
NOW THEREFORE, BE IT ORDERED BY THE CITY COMMISSION OF THE CITY
OF PADUCAH, KENTUCKY, AS FOLLOWS:
Section 1. Recitals and Authorization. The City hereby conditionally approves the
Applicant's application under the Grant Program and the award of grant funds in an amount not
to exceed 20% of the rehabilitation cost per residential unit with a maximum cap of $15,000.00
per residential unit. The City's conditional approval is based upon the commitments and
agreements of Applicant as expressly set forth in its application which includes, without
limitation, the Applicants commitment and agreement to complete the rehabilitation in
accordance with and to comply with all requirements of the Grant Program. Grant funds shall be
disbursed in accordance with the requirements of the Grant Program. Expenditures for the
project shall be charged to the DT0033 Upper Story Residential Grant Program Account.
Section 2. Severability. If any section, paragraph or provision of this Order 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 Order.
Section 3. Compliance With Open Meetings Laws. The City Commission hereby finds
and determines that all formal actions relative to the adoption of this Order were taken in an open
meeting of this City Commission, and that all deliberations of this City Commission and of its
committees, if any, which resulted in formal action, were in meetings open to the public, in full
compliance with applicable legal requirements.
Section 4. Conflicts. All ordinances, resolutions, orders or parts thereof in conflict with
the provisions of this Order are, to the extent of such conflict, hereby repealed and the provisions
of this Order shall prevail and be given effect.
Section 5. Effective Date. This Order shall be in full force and effect on and after the
date as approved by the Board of Commissioners of the City of Paducah, Kentucky.
173
MAYOR BRANDI HARLESS
ATTEST:
Tammara S. Sanderson, City Clerk
Introduced by the Board of Commissioners, December 12, 2017
Adopted by the Board of Commissioners, December 12, 2017
Recorded by City Clerk, December 12, 2017
mo\upper story grant - centurion development - 227 Broadway
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