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HomeMy WebLinkAboutMO #2949MUNICIPAL ORDER NO. 2949 A MUNICIPAL ORDER AUTHORIZING THE MAYOR TO EXECUTE ALL DOCUMENTS NECESSARY TO RECEIVE GRANT FUNDS THROUGH THE MELLON FOUNDATION HUMANITIES IN PLACE GRANT PROGRAM IN THE AMOUNT OF $1,340,000 FOR CAPITAL IMPROVEMENTS TO THE HOTEL METROPOLITAN AND PURPLE ROOM AND TO BUILD THE CAPACITY OF THEIR BOARD AND ORGANIZATION WHEREAS, on April 23, 2024, he Board of Commissioners approved Municipal Order No. 2886, which authorized the submission of a Mellon Foundation Humanities in Place Grant, which has now been awarded to the City of Paducah; and WHEREAS, the City has been notified of a total award of $1,340,000 which requires no local match; however, the City pledged an amount of $250,000 in FY25, and subsequent amounts in the amount of $250,000 per year for FY26 and FY27, contingent upon approval through the annual budgeting process. This funding is also contingent upon approval of a Co -Stewardship Agreement between the City of Paducah and the Uppertown Heritage Foundation; and KENTUCKY: WHEREAS, the City of Paducah now wishes to accept all awarded grant funds. NOW, THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH, SECTION 1. That the City of Paducah hereby accepts grant funds in the amount of $1,340,000 through the Mellon Foundation Humanities in Place Grant, for capital improvements to the Hotel Metropolitan and Purple Room and to build the capacity of their board and organization. SECTION 2. That the Mayor is hereby authorized to execute the grant agreement and all documents related to same, as authorized in Section 1, above. SECTION 3. There is no local match required; however, the City pledged an amount of $250,000 in FY25, and subsequent amounts in the amount of $250,000 per year for FY26 and FY27, contingent upon approval through the annual budgeting process. This funding is also contingent upon approval of a Co -Stewardship Agreement between the City of Paducah and the Uppertown Heritage Foundation, and shall be paid through the Investment Fund. SECTION 4. This order shall be in full for"ffectd afterthe date of its adoption. George Bray, Mayor ATTEST: Claudia S. Meeks, Assistant City Clerk Adopted by the Board of Commissioners, August 13, 2024 Recorded by Claudia S. Meeks, Assistant City Clerk, August 13, 2024 \moAgrants\accept—Mellon Foundation Grant—Hotel Metropolitan