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HomeMy WebLinkAbout2002-1-6467ORDINANCE NO. 2002-1- 6467 219 Od � ��6c4z� /fv� AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A GRANT AGREEMENT AND ALL DOCUMENTS RELATING THERETO WITH THE KENTUCKY HOUSING CORPORATION FOR AN AFFORDABLE HOUSING TRUST FUND GRANT FOR THE CHRISTMAS IN APRIL PROGRAM WHEREAS, the City of Paducah applied for an Affordable Housing Trust Fund Grant adopted by Municipal Order No. 915 on September 13, 2001, for the Christmas in April Program; and WHEREAS, the Kentucky Housing Corporation has approved the application and is now ready to award this grant. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized and directed to execute a Grant Agreement and all documents relating thereto with the Kentucky Housing Corporation to obtain a matching grant in the amount of $40,000.00 for an Affordable Housing Trust Fund Grant for the Christmas in April Program. The City will provide matching funds in the amount of $2,000.00, for this project. SECTION 2. This expenditure shall be charged to the Afford Housing Trust account, project no. CD0016. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor ATTEST: Lenita Smith, tity Clerk Introduced by the Board of Commissioners, January 8, 2002 Adopted by the Board of Commissioners, January 22, 2002 Recorded by Lenita Smith, City Clerk, January 22, 2002 Published by The Paducah Sun, - 3-8 0 --t- \winword\ord\plan\grants\Afford le Housing — Christmas in April