HomeMy WebLinkAboutMO #2689MUNICIPAL ORDER NO. 2689
A MUNICIPAL ORDER AUTHORIZING THE FINANCE DIRECTOR TO MAKE PAYMENT
TO THE PADUCAH-MCCRACKEN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY
FOR CLEARING AND GRUBBING WORK AT PROPERTY LOCATED IN INDUSTRIAL
PARK WEST IN AN AMOUNT OF $72,500 FOR ECONOMIC DEVELOPMENT PURPOSES,
AND AUTHORIZING THE MAYOR TO EXECUTE ALL DOCUMENTS RELATED TO
SAME
WHEREAS, the Paducah -McCracken County Industrial Development Authority
(the "IDA") holds certain publicly owned development sites within Paducah and McCracken
County and is responsible for the management, maintenance, and development of such properties;
and
WHEREAS, the City of Paducah recognizes that to best position our community for
sustainable economic growth, the IDA must serve as an aid in capturing incentives and holding,
obtaining, and developing favorable economic development properties; and
WHEREAS, the City of Paducah now wishes to assist the IDA with clearing and
grubbing work to be done at property located in Industrial Park West in order to ready the property
for economic development purposes.
KENTUCKY:
NOW THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
SECTION 1. That the Finance Director is hereby authorized to make payment to
the Paducah -McCracken County Industrial Development Authority in an amount of $72,500 for
clearing and grubbing work to be completed at property located in Industrial Park West economic
development purposes and authorizes the Mayor to execute all documents related to same. This
expenditure shall be charged to the ARPA Industrial Park West Clearing Project Account Number
MR0093.
SECTION 2. This Order will be in full force id)effect from and after the date of
its adoption.
Bray, Mayor
ATTEST:
�-150 �
mdsay Parish, Q ty Clerk
Adopted by the Board of Commissioners, December 15, 2022
Recorded by Lindsay Parish, City Clerk, December 15, 2022
MOUDA Clearing & Crmbbing Industrial Park West