HomeMy WebLinkAboutOrdinances Book 15, Page 67, No Resolution Number6�
RESOLUTION OF GOVERNING BODY OF APPLICANT
Project No. APW-KY-44G
For HHFA Use
Resoluyion providing for increase in planned total expenditure for
capital improvement projects.
WHEREAS, under the terms of Public Law $7-65$, approved September 14,
1962, the United States of America has authorized the making of a grant
to aid in financing the construction of a specific public works project,
provided the proposed or planned total expenditure of the public body
for its capital improvement projects is increased by an amount approxi-
mately equal to the non -Federal funds required to complete such public
works project:
Now, Therefore, Be It Resolved By the Board of Commissioners of the City
of Paducah, Kentucky:
1. That as of the date of -filing of an application by the City of
Paducah, Kentucky, (hereinafter called Applicant) with the Housing and
Home Finance Agency, United States Government, for a grant to aid in
financing the construction of new City Hall building, the Applicant
had a capital improvement plan or capital improvement budget for the
fiscal year or years during which construction of the proposed project
is expected to occur; and that the total expenditure for capital
improvements in said plan or budget was $120,200. for the fiscal year
ending 12/31/62 and $_ ---- for the fiscal year ending 12/31/63.
2. That, in the event that said Federal grant is approved by the United
States of America, said capital improvements plan or capital budget
will be increased by $ 0 for the fiscal year ending 12/31/62 and
725,000. for the fiscal year ending 12/31/63 for a total increase of
725,000. in the proposed or planned total expenditure for capital
improvement projects (exclusive of Federal funds.)
3. That said total increase in the proposed or planned total expenditure
for capital improvement projects is approximately equal to the non -
Federal funds required to complete the public works project for which
the application is to be submitted.
L:. This resolution supplements and supersedes the resolution adopted
on October 20, 1962 and the resolution adopted on October 23, 1962.
This resolution is adopted pursuant to the authority provided by
Chapter $9 of Kentucky Revised Statutes.
iohn�Hornsby, Commis over
C. Winston Gholson, Mayor Pro Tem
Introduced and Passed by the Board of Commissioners May 24, 1963
Recorded by Sarah Thurman, City Clerk, May 24, 1963.