HomeMy WebLinkAboutMO #2882MUNICIPAL ORDER NO. 2882
A MUNICIPAL ORDER SUPPORTING THE UPPERTOWN HERITAGE FOUNDATION
GRANT APPLICATION TO THE MELLON FOUNDATION IN THE AMOUNT OF $1,340,000
FOR CAPITAL IMPROVEMENTS AND CAPACITY BUILDING FOR THE HOTEL
METROPOLITAN, PLEDGING MATCHING FUNDS, AND AUTHORIZING THE CITY OF
PADUCAH TO ACT AS THE FISCAL AGENT FOR SAID GRANT
SECTION 1. That the City of Paducah hereby supports the Uppertown Heritage
Foundation in applying for a Mellon Foundation Grant in the amount of $1,340,000 for capital
improvements and capacity building for the Hotel Metropolitan.
SECTION 2. If received, the City of Paducah shall act as the grant's fiscal agent,
and the Uppertown Heritage Foundation and the City of Paducah shall be jointly responsible for
programmatic oversight.
SECTION 3. This grant will be funded over a period of three years. If the grant
is received, the City pledges an amount of $250,000 in year one (FY25), contingent upon
approval of a Co -Stewardship Agreement between the City of Paducah and Uppertown Heritage
Foundation. Further, the City pledges $250,000 per year in FY26 and FY27, contingent upon
approval through the annual budgeting process and the successful implementation of a Co -
Stewardship Agreement between the City of Paducah and the Uppertown Heritage Foundation.
SECTION 4. This order shall be in full force an ffect from and after the date of
its adoption.
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George P. Bray, Mayor
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mdsay Parish, Cy
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Adopted by the Board of Commissioners, April 9, 2024
Recorded by Lindsay Parish, April 9, 2024
\MO\Grant\grant support — Mellon Foundation