HomeMy WebLinkAboutMO #2886MUNICIPAL ORDER NO. 2886
A MUNICIPAL ORDER REPEALING MUNICIPAL ORDER NO. 2882 AND
AUTHORIZING THE MAYOR TO EXECUTE A GRANT APPLICATION AND
ALL DOCUMENTS NECESSARY TO APPLY FOR A MELLON FOUNDATION
GRANT IN THE AMOUNT OF $1,340,000 FOR THE HOTEL METROPOLITAN
FOR CAPITAL IMPROVEMENTS AND CAPACITY BUILDING FOR THE
ORGANIZATION
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The Mayor is hereby authorized to execute a grant application and
all documents necessary to apply for a Mellon Foundation Grant in the amount of $1,340,000 for
capital improvements and capacity building for the Hotel Metropolitan. If received, the City of
Paducah shall act as the grant's fiscal agent by approving a Co -Stewardship Agreement with
Uppertown Heritage Foundation. The City and Uppertown Heritage Foundation shall be jointly
responsible for programmatic oversight of the grant.
SECTION 2. This grant will be funded over a period of three years. There is no
local match requirement, however, the City is pledging an amount of $250,000 in year one
(FY25), contingent upon the receipt of the grant, and 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 3. That Municipal Order No. 2882 entitled, "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ACT AS THE FISCAL AGENT FOR SAID GRANT," is hereby repealed in its entirety.
SECTION 4. This order shall be in full force and ct from and after the date of
its adoption. n J/-)
George Bray, Mayor
ATTEST:
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Claudia S. Meeks, Assistant City Clerk
Adopted by the Board of Commissioners, April 23, 2024
Recorded by Claudia S. Meeks, Assistant City Clerk, April 23, 2024
\mo\grants\app- Mellon Foundation 2024