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HomeMy WebLinkAbout2004-9-6865ORDINANCE NO. 2004-9-6865 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A LETTER OF PROPOSAL DATED AUGUST 23, 2004 TO CONDUCT A MARKET ANALYSIS FOR THE CITY'S DOWNTOWN AND WATERFRONT AREA WHEREAS, the City proposes to conduct a market study that identifies commercial and residential development potentials for downtown Paducah; and WHEREAS, the City has a need for professional services necessary for the development and design of a Downtown Riverfront Master Plan; and expertise. WHEREAS, Economics Research Associates is knowledgeable in this area of BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby authorizes and directs the Mayor to execute an agreement with Economics Research Associates in the amount of $37,750.00 to conduct a market analysis for the City's downtown and riverfront area. SECTION 2. This expenditure shall be charged to the Planning Department Services -Other Account. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: j l, &t��_ Tammara S. Brock, City Clerk Introduced by the Board of Commissioners September 7, 2004 Adopted by the Board of Commissioners September 14, 2004 Recorded by Tammara S. Brock, City Clerk, September 14, 2004 Published by The Paducah Sun, September 21, 2004 \winword\ord\plan\downtown marketing study 230