HomeMy WebLinkAboutMO #3114MUNICIPAL ORDER NO. 3114
A MUNICIPAL ORDER APPROVING A FUNDING AGREEMENT WITH THE
PADUCAH-MCCRACKEN COUNTY RIVERPORT IN AN AMOUNT OF $150,000
TO PARTIALLY FUND THE MATCH OF SMALL PROJECT PORTS GRANT
THROUGH THE PORT INFRASTRUCTURE DEVELOPMENT PROGRAM FOR
THE BULK YARD REVITALIZATION AND EXPANSION PROJECT, AND
AUTHORIZING THE MAYOR TO EXECUTE ALL DOCUMENTS RELATED TO
SAME
NOW, THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH,
KENTUCKY:
SECTION 1. That the Board of Commissioners hereby authorizes the Mayor to
execute a Funding Agreement in an amount of $150,000 with the Paducah -McCracken County
Riverport Authority in substantially the form attached hereto and made part hereof (Exhibit A).
SECTION 2. Funding of this payment shall be paid utilizing funds from project
account no. EDO117. The City Manager is authorized to use $60,000 from FY2026
Administrative Contingency to fund the contract.
SECTION 3. This Order shall be in full force and effect from and after the date
of its adoption. 4
George Bray, Mayor
ATTE T:
M'� Q� A
mdsay Parish, C ty Clerk
.Adopted by the Board of Commissioners, August 26, 2025
Recorded by Lindsay Parish, City Clerk, August 26, 2025
mo/agree — Riverport Funding Agreement grant match 2025