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HomeMy WebLinkAboutOrdinances Book 14, Page 600, No Resolution Number(�00i A RESOLUTION BY THE CITY COPIMISSION OF THE CITY OF PADUCAH, KENTUCKY ENDORSING THE PRESENTATION OF AAI AREA OVERALL ECONOMIC DEVELOPMENT PROGRAM IN ACCORDANCE LITH THE PROVISIONS OF THE AREA DEVELOPMENT ACT I9HEREAS, on Hay 1, 1961, the President of the United States signed into law the AREA REDEVELOPMENT ACT, the purpose of which Act is to assist certain areas in this Country which have been subjected to chronic unemployment for long periods of time; and IfiHEREAS, subsequent to the passage pf said Act, the Paducah area was designated as an area needing special assistance under said Act in order to overcome its unemployment problem; and V!I?EREAS, the Commissioners and other Officials of the City of Paducah have long recognized the need for industrial expansion in the Paducah area in order to provide additional employment for its citizens; and 1TIEREAS, the Commissioners and Officials of said City further recognize and believe that Federal assistance under said Act can materially help any community willing to work hard for its own economic improvement; and IHEREAS, the Commissioners and Officials of said City have heretofore participated in discussions pertaining to an application which would be filed for such assistance, during which discussions it was determined that the proper organization to present the OVERALL ECONOPIIC DEVELOPT:IENT PROGRAM required under the said Act is the PADUCAH INDUSTRIAL DEVELOPPIENT ASSOCIATION, INC., a corporation chartered and existing under the laws of the State of Kentucky; NOW, THEREFORE, BE IT RESOLVED AND IT IS HEREBY RESOLVED that the City of Paducah, acting by and through its Commissioners, endorses the presentation of this area's OVERALL ECONOMIC DEVELOPMENT PROGRA1.1, all in accordance with the provisions of said act, and said City pledges its full assistance and support in attaining the goals necessary in order to improve the economic condition existing in this community. This resolution shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners September 12, 1961 Recorded by Sarah Thurman, City Clerk, September 12, 1961.