HomeMy WebLinkAbout08-03-2020 Called CVB Board MtgCALLED MEETING MINUTES OF THE BOARD OF COMMISSIONERS
PADUCAH CONVENTION & VISITORS BUREAU
HELD ON August 3, 2020
Pursuant to written notice, a called meeting of the Board of Commissioners of the Paducah Convention & Visitors Bureau
was held at 11:30 a.m. on Thursday, August 3, 2020 via Zoom Communications Call and YouTube Live Stream
https://www.youtube.com/watch?v=xQu5k2cUmK4
Present: Glenn Denton, Deborah Edmonds, Vick Patel, Kristin Williams, Kelm Burchard, Linda Curtis (call-in); Not Present:
Beverly McKinley
Staff: Mary Hammond, Fowler Black
ITEM I: OPENING
Board Chair Glenn Denton called the meeting to order at 11:36 a.m.
ITEM II: REQUESTS
Upon motion by Ms. Burchard, second by Ms. Williams, and the following motion was carried and adopted:
MOVED, for a formal approval of an amended & restated interlocal cooperation agreement to include
funding of bonds Series 220. The interest rate would fall from 3.16% to an estimated 1.6% in September
2020 with bonds still being retired in 2026. Lowering the payments lessens the likelihood that the CVB would
have to support payments out-of-pocket.
ITEM VIII: CLOSING
Mr. Denton reminded the Board that the next Board meeting is scheduled for August 20, 2020 at 11:30 a.m. at
Walker Hall.
With no further business, and upon motion by Ms. Burchard and seconded by Ms. Williams, the board adjourned at
11:54 a.m.
____________________________________ ________________________________
Glenn Denton, Board Chairman Mary Hammond, Executive Director