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HomeMy WebLinkAboutOrdinances Book 7, Page 991, No Resolution NumberA RESOLUTION ::MPTING THE PADUCAH TILE AND POTT RY COMPANY FROM THE PAY1,!FNT OF IiUNICIPAL AD VALOREM TAXES TO THE CITY OF PADUCAH, KEIITUCKY, FOR A PERIOD OF FIVE YEILRS. ;9HER_AS, The Board of 'Dade of the City of Paducah, has induced the Paducah Tile and Iottery Company to locate in the City of Paducah, and as . an inducement for the location of said plant at Paducah, Kentucky, it was ljl ar:reed between the Board of 'Trade and said Paducah Tile and Pottery Com- pany that it would be exempted from the payment of Nunicipal Ad Valorem Taxes for a period of five years, and as an inducement for said Paducah Tile and Pottery Company to locate at Paducah, Kentucky, NOW, THEREFORE- BE IT RESOLVED BY THE BOARD OF COPrRdIMONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Paducah Tile and Pottery Company be, and the same is hereby exempted from the payment to the City of Paducah, Kentucky, of Municipal Ad Valorem Taxes for a period of five years from this date. SECTION 2. This Resolution shall take effect and be in force from and after its passage, record and publication. .23 `��� 'Alayor. RECORDED MAY 1st, 1923. PUBLISHED " 1st, 1923.