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HomeMy WebLinkAbout92-12-4874ORDINANCE NO. 92-12- $7-t AN ORDINANCE AUTHORIZING THE MAYOR PROTEM TO EXECUTE A LETTER OF ACCEPTANCE IN THE AMOUNT OF $1,267,612.00, ACCEPTING THE PROPOSAL OF CITIZENS BANK AND TRUST COMPANY TO FINANCE THE 800 MHz COMMUNICATIONS SYSTEM BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The City of Paducah accepts the proposal of Citizens Bank and Trust Company in the amount of $1,267,612.00 to finance the 800 MHz communications system and hereby authorizes the Mayor Protem to execute a Letter of Acceptance in this amount. A copy of this letter is attached hereto and incorporated by reference as if fully set out herein. SECTION 3. This expenditure shall be charged to Account No. SECTION 4. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor Prote ATTEST: City Clerk Introduced by the Board of Commissioners December 8, 1992 Adopted by the Board of Commissioners December 15, 1992 Recorded by Lenita Smith, City Clerk, December 15, 1992 Published by The Paducah Sun /a--.2,/ , 1992. o=ai�ont=8�t. 16 729 I