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HomeMy WebLinkAbout92-2-4725ORDINANCE NO. 92-2-4725 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A FRANCHISE AGREEMENT FOR OPERATION OF THE M/V JUBILEE I OR OTHER EXCURSION CRAFT, AND TO EXECUTE A TVA BARGE SUBLEASE, BOTH DOCUMENTS BEING BETWEEN THE CITY OF PADUCAH AND JESSE NEW OF LOUISVILLE, KENTUCKY BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized to execute a Franchise Agreement for operation of the M/V Jubilee I or other excursion craft, and to execute a TVA Barge Sublease, both documents being between the City of Paducah and Jesse New of Louisville, Kentucky. Said documents are attached hereto and incorporated by reference as if fully set out herein. SECTION 2. To minimize any delay in operation of the M/V Jubilee, an emergency is hereby declared to exist and this ordinance will become effective immediately with one reading. SECTION 3. This ordinance shall be published pursuant to KRS Chapter 424. GERRY B. MONTGOMERY Mayor. Introduced and adopted by the Board of Commissioners February 25, 1992 Recorded by Lenita Smith, City Clerk, February 25, 1992 Published by The Paducah Sun March 2, 1992. o rd / j ub 1 1 ae 423 .- ,..I q 1..: P_ i -_-- f -. a=F-t.r �.- ... ,.,.. .,,,..... -�- -�;' 1,...:.. -r., .._^..:..,::