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HomeMy WebLinkAboutOrdinances Book 9, Page 740, No Resolution NumberPage 740 A RESOLUTION APPROPRIATING P'ONEY F'RO1,T THE UNAPPROPRIATED FUNDS IN THE GENERAL FUNDS OF THE CITY NOT OTHEM!.'ISF ALREADY APPROPRIATED, PAYABLE TO THE PADUCAH BOARD OF TRADE IN MONTITLY INSTALLIZENTS, THE FIRST INSTA1 LMENT PAYABLE ON THE 1ST OF JANUARY, 1933, AND ON THE 13T DAY OF EACH MONTH THERFAFITR UNTIL FINALLY 'AID FOR THE PURPOSE OF ADVERTISING THE TRADE OF S1.ID CITY, ITS COPi ;7RCR AiiD 16ANUFACTURE AND COP,'i-FRCIAL RESOURCES, SAME TO BE EXPENDED FOR St CH PURPOSE UNDER TFF DIRECTION OF THE MAYOR AND THE COI'.L:ISS IONER OF PUBLIC FINANCE. OF THE CI'T'Y OF PADUCAH AND THE SECRETf.RY (F THE PADUCAH BOARD OF TRADE IN SUCH MANNER AS THEY MAY DEEP BEST AND MOST EXPEDIENT FOF.SUCH PURPOSES. Whereas, it has become apparent to the Board of Commissioners of the City of Paducah, Kentucky, that it is to the interest of the vity to expend money for the purpose of advertising its trade, commerce and manufacture and commercial resources, and the most expedient way so to do would be to appropriate a sum for this purpose, payable to the Paducah Board of Trade, in the sum of Ina Thousand ($ 10,000.00) Dollars, payable Eight Hundred Thirty Three and Thirty Three Hundredths (y 833.33) Dollars for twelve (12) months, the first to be paid on the lst of January, 1933, and on the lst of each month thereafter until paid, subject to the direction and control of the Mayor of the City of Paducah and Commissioner of Public Finance of the City of Paducah in ccnjunction with the Secretary of Board of Trade, and to be so expended by them to the best interest of advertising the things herein mentioned. THFP7FORE BE IT RESOLVED BY THF i.OAF,D OF COi:SNISSIOTNFFS OF TITr CITY OF PADUCAH, that there is now appropriated for this purpose the sum of Ten Thousand ('.� 10,000.00) Dollars, to be paid to the Paducah Board of Trade at Eight Hundred Thirty Three and 'Thirty Three One Hundredths ( `r 833.33) Dollars a month, the first of said payments to be paid on the 1st day of January, 1933 and a payment of Eight Hundred Thirty Three and Thirty Three One Hundredths (: 833.33) Dollars on the lst of each month thereafter until the whole sum shall have been paid, the same to be expended under the directions of the Mayor of the City of Paducah, and the Commissioner of Page 741 Public Finance of the City of Paducah, in conjunction with the Secretnry of the Paducah Board of Trade, all of same to agree upon such expenditures before same is paid out. And the Commissioner of Public Finance upon the acquiescence of the three as to such expenditures is authorized and directed to drag" his Warrant upon the City Treasury.for the respective amounts hereinabove indicated until same shall have been fully- paid. Signed Mayor Passed by the Board of Commissioners December 9th, 1932. Recorded by Rud -.r Stewart, Clerk December \-): 1932.