HomeMy WebLinkAboutMO # 1736MUNICIPAL ORDER NO. 1736
A MUNICIPAL ORDER AUTHORIZING AND DIRECTING THE
FINANCE DIRECTOR TO TRANSFER $265,000 FROM THE GENERAL FUND
RESERVE TO THE RIVERFRONT DEVELOPMENT PROJECT
WHEREAS, additional monies are required due to unforeseen project
costs associated with imperfect soil conditions beneath the relocated gangway structures;
and
WHEREAS, the City Engineer -Public Works Director will monitor the
additional work for time spent by contractor to provide assurance of necessary contractor
time needed for the additional work; and
WHEREAS, any portion of the transferred ftmds unused will be returned
to the General Fund Reserve.
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The Finance Director is hereby authorized and directed to
transfer $265,000, from the General Fund Reserve to the Riverfront Development Project.
Any portion of the $265,000 unused will be returned to the General Fund Reserve.
SECTION 2. This Order shall be in full force and effect from and after the
date of its adoption.
ATTEST:
Tammara S. Sanderson, City Clerk
Adopted by the Board of Commissioners August 6, 2013
Recorded by Tammara S. Sanderson, City Clerk, August 6, 2013
\mo\BT- Riverfront Development Project 2013