HomeMy WebLinkAboutMO #3020MUNICIPAL ORDER NO. 3020
A MUNICIPAL ORDER AUTHORIZING THE FINANCE DIRECTOR TO MAKE
PAYMENT IN AN AMOUNT OF $946,515.49 TO THE INTERNAL REVENUE
SERVICE FOR THE 2020A GENERAL OBLIGATION BOND YIELD RESTRICTION
LIABILITY
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the Mayor is hereby authorized to make payment in an
amount of $946,515.49 to the Internal Revenue Service for the 2020A General Obligation
Bond Yield Restriction Liability (Arbitrage Liability).
SECTION 2. That the Mayor is hereby authorized to execute all documents
necessary to effectuate said payment.
SECTION 3. This Order will be in full force and effect from and after the
date of its adoption.
PA '-�
George P. Bray, Mayor
ATTEST:
Lindsay Paris , City Clerk
Adopted by the Board of Commissioners, March 4, 2025
Recorded by Lindsay Parish City Clerk, March 4, 2025
MO\2025 Arbitrage Payment 2020A GOB