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HomeMy WebLinkAbout2004-7-6837191 ORDINANCE NO. 2004-7-6837 AN ORDINANCE ACCEPTING 2003 DOWNTOWN REVITALIZATION FUNDS FROM THE DEPARTMENT FOR LOCAL GOVERNMENT, RENAISSANCE KENTUCKY AND AUTHORIZATION OF MAYOR TO EXECUTE ALL DOCUMENTS NECESSARY BETWEEN THE CITY OF PADUCAH AND DEPARTMENT FOR LOCAL GOVERNMENT WHEREAS, the City of Paducah has applied for and received an allocation of Renaissance Kentucky 2003 Downtown Revitalization Funds; and WHEREAS, the City of Paducah in partnership with the local Renaissance/Main Street Committee has coordinated this joint effort and agreed upon the terms and conditions of the Funding Agreement with the Department for Local Government. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah does hereby accept the 2003 Downtown Revitalization Funds in the amount of $10,500 and does hereby agree to be bound to all applicable rules and requirements governing its dispersal. Further, the Mayor is hereby authorized and directed to execute all documents necessary with the Department for Local Government relative to the receipt of the aforementioned Renaissance Kentucky funds. Matching funds required will be the responsibility of the building owner of the building to be renovated at 619 Broadway. SECTION 2. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor ATTEST: Brock,Tammara S. - Introduced by the Board of Commissioners June 22, 2004 Adopted by the Board of Commissioners July 13, 2004 Recorded by Tammara S. Brock, City Clerk, July 13, 2004 Published by The Paducah Sun, July 20, 2004 ' \ord\plan\grants\2003 Renaissance