HomeMy WebLinkAboutMO # 833MUNICIPAL ORDER NO. %33
A MUNICIPAL ORDER WAIVING ONE PERCENT (1%) OF CITY
OCCUPATIONAL WAGE TAX TO PROMOTE JOB CREATION AT THE SERVICE
SCRIPT DEVELOPMENT
WHEREAS, the City of Paducah is in support of Service Script and the
expansion of its operations through construction of a headquarters/distribution facility in
Paducah's Information Age Park; ; and
WHEREAS, the $2.6 million expansion will allow Service Script to add
sixty new jobs in two years, which will bring their total employment to seventy-six; ; and
WHEREAS, the City of Paducah agrees to waive one percent (1%) of the
local occupational wage tax on the new jobs created, as required by the Kentucky Jobs
Development Act incentive program, for a period of ten (10) years, to the extent it is able;
and
WHEREAS, the City of Paducah requests the State to provide a four
percent (4%) match for this incentive program in order to assist with this economic
development program.
SECTION 1. The City of Paducah is hereby authorized to waive one
percent (1%) of its local occupational wage tax on new jobs created, as required by the
Kentucky Jobs Development Act incentive program, for a period of ten (10) years, to the
extent it is able, for the expansion of the Script Service Development.
SECTION 2. This Order shall be in full force and effect on and after the
date of its adoption.
Maye./
ATTEST:
City Clerk
Adopted by the Board of Commissioners February 15, 2000
Recorded by Lenita Smith, City Clerk, February 15, 2000
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