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HomeMy WebLinkAbout2006-5-7128ORDINANCE NO. 2006-5-7128 AN ORDINANCE AUTHORIZING AND DIRECTING THE FINANCE DIRECTOR TO MAKE PAYMENT TO THE GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL FOR THE ENDORSEMENT OF A SPECIFIC PROCESS RECRUITMENT INITIATIVE BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby authorizes and directs the Finance Director to make payment in an amount not to exceed $50,000 to the Greater Paducah Economic Development Council. SECTION 2. This expenditure authorized in Section 1 above shall be charged to the Investment Fund account. SECTION 3. Pursuant to KRS 83A.060, the City Commission suspends the requirement of a second reading of this Ordinance. As grounds therefore the City Commission does hereby declare an emergency to exist because funds are needed for authorization of a specific process recruitment initiative. SECTION 4. This ordinance shall become effective upon the first reading of this Ordinance. ATTEST: Tammara S. Brock, City Clerk Introduced and Adopted by the Board of Commissioners, May 30, 2006 Recorded by Tammara S. Brock, City Clerk, May 30, 2006 Published by The Paducah Sun, June 5, 2006 \ord\fin\exp enditure-GPED C 705