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HomeMy WebLinkAboutOrdinances Book 14, Page 220, No Resolution Number22001 A RESOLUTION REPEALING A RESOLUTION ENTITLED: "RESOLUTION ACCEPTING AN OFFER OF THE UNITED STATES TO MAKE AN ADVANCE OF FEDERAL FUNDS TO THE CITY OF PADUCAH, KENTUCKY TO AID IN FINANCING THE COST OF CERTAIN SURVEYS AND PLANS FOR URBAN RENEWAL PROJECT NO. KY R-15" AND TRANSFERRING THE OFFER OF SAID UNITED STATES GOVERNMENT FOR ADVANCE OF FEDERAL FUNDS TO THE SLUM CLEARANCE AND DEVELOPMENT AGENCY`.`OF THE CITY OF PADUCAH WHEREAS, on February 5, 1960 the United States of America Housing and Home Finance Agency, made an offer to the City of Paducah for an advance of Federal funds"to aid in the financing of the cost of certain surveys and plans for Urban Renewal Project KY R-15, and WHEREAS, on February 23, 1960 the Board of Commissioners of the City of Paducah, Kentucky passed a Resolution accepting said offer of the Housing and Home Finance Agency, and 17HEREAS, subsequent to that time the Mayor and Board of Commissioners by resolution created a Slum Clearance and Development Agency for the City of Paducah to administer and control the activities of Urban Renewal Project KY R-15 and other projects, and WHEREAS, now the Board of Commissioners of the'City of Paducah wishes to transfer all of their rights, title and interest in said offer f,;o the Slum Clearance and Development Agency of the City of Paducah, which procedure is in conformity with the regulations and policy of the Housing and Home Finance Agency and has been approved by it, and WHEREAS, it is necessary and proper in the reallocation and transfer of said government offer by the board of Commissioners of the City of Paducah to the Slum Clearance and Development Agency that they should have in their possession all records pertaining to said offer and its acceptance. NOW THEREFORE, BE IT RESOLVED BY TIME BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Board of Commissioners of the City of Paducah hereby repeal and rescind a Resolution entitled "RESOLUTION ACCEPTING AN OFFER OF THE UNITED STATES TO MAKE AN ADVANCE OF FEDERAL FUNDS TO THE CITY OF PADUCAH, KENTUCKY TO AID IN FINANCING THE COST OF CERTAIN SURVEYS AND PLANS FOR URBAN RENEWAL PROJECT NO. KY R-15" which was passed by the Board of Commissioners on February 23, 1960. 221 SECTION 2. That the Board of Commissioners of the City of Paducah hereby transfer and reallocate the offer of the Housing and Home Finance Agency for advanced funds for Urban Renewal Project No. KY R-15 to the Slum Clearance and Development Agency of the City of Paducah which was created for that purpose. SECTION 3. That the smitten offer of the United States of America, Housing and Home Finance Agency of February 5, 1960, which is now filed with the City Clerk of the City of Paducah, shall be transferred and delivered to the Slum Clearance and Development Agency of the City of Paducah to be accepted by them in accordance with the instructions of the Housing and Home Finance Agency. SECTION 4. This resolution shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners March 18, 1960 Recorded by Sarah Thurman, City Clerk, March 18, 1960.