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HomeMy WebLinkAboutMO # 495..�u,.M-rn���.,��,,.�,b,.�.� .,4.,,.Ir6� �w���_ _1_i � � ��i __��4LIL Liirli� 1illJl�r_uld�Lil��l�el� iL�.�94r�Ww�flnlmmiddWWi� �rL��IId�L•I;d�l�i�uir�l�ut��wdu �r�dd��l I: I. I d �.�u .uvea=4nl�lun�til�i�: 200 MUNICIPAL ORDER NO. 495 A MUNICIPAL ORDER AMENDING THE DESIGNATED AREA OF PADUCAH OF ECONOMIC DEPRESSION AND THE RECOGNITION OF AN EXPANDED NEED FOR ENTERPRISE ZONE AUTHORITY WHEREAS, it is general knowledge that no all areas of the City of Paducah share the same advantages of economic growth and prosperity; and WHEREAS, Paducah's inner city is a contiguous area and is an area of pervasive poverty, unemployment and economic distress in that: A. The average rate of unemployment in the designated area for the most recent 18 month period for which data is available was at least 1 1/2 times the average national rate of unemployment for said 18 month period; and B. At least 70% of the residents living in this area have incomes below 800 of the median income of the residents of the City of Paducah. WHEREAS, such findings resulted in the establish- ment of an Enterprise Zone in Paducah on November 14, 1986; and WHEREAS, it is necessary and in the public inter- est that the Paducah City Commission further amends its amendment of October 13, 1987, and increases the designated area of impact. SECTION 1. That the following described area is hereby designated to be an economically depressed area: Beginning at a point at North Ellis Street ex- tended and the thread of the Ohio River, that same point being the northwest corner of the Paducah City boundary; thence in an easterly direction along the thread of the Ohio and Tennessee Rivers to a point on the centerline of the extension of the right-of-way of Tully Street; thence in a southerly direction along Tully Street to the earthen levee floodwall; thence in an easterly direction along the earthen levee to the Paducah and Louisville Railway; thence in a northwesterly direction along the railway to a point on Island Creek; thence in a southerly and westerly direc- tion with the Paducah Corporate Limits to the 201 SECTION 2. The Community Development Director of the City of Paducah, the Mayor of the City of Paducah, and all other officials of the City of Paducah are hereby autho- rized and directed to execute any and all papers necessary to file an amended application to the Enterprise Zone Author- ity of Kentucky to have said area declared to be an Enter- prise Zone and receive the benefits of such designations as set forth in KRS 154.650 through 154.705. SECTION 3. This Order shall be effective upon adoption according to law. GERRY B. MONTGOMERY Mayor Adopted by the Board of Commissioners January 24, 1989 Recorded by Lenita Smith, City Clerk, January 24, 1989 ATTEST: LENITA SMITH Lenita Smith, City Clerk `cd/entzone.mo Paducah and Louisville Railway; thence in a northerly direction along the railroad to a point of intersection with the right-of-way of Division Street; thence westerly along Division Street to the Old Mayfield Road; thence northward to the intersection of Guthrie Avenue; thence in a wes- terly direction along Guthrie Avenue to the inter- section of 19th Street; thence with 19th Street to Kentucky Avenue; thence in a northeasterly direc- tion along Kentucky Avenue to 13th Street; thence northwest to Broadway; thence southwest along W Broadway to 14th Street; thence northwest along 14th Street to Park Avenue; thence in a north- easterly direction along Park Avenue to 10th Street; thence in a westerly direction along 10th Street to the point of intersection of the center- line of Atkins Avenue, that same point lying 300' east of the east right-of-way of Julia Street (H.C. Mathis Drive); thence south along the center- line of Atkins Avenue 148.4 feet to a point; thence in a westerly direction along the center- line of an unnamed alley 1,080 feet to a point on the centerline of Helen Street; thence south along the centerline of Helen Street 357.45 feet to the intersection of the centerline of an unnamed alley; thence west along the centerline of this alley 336.5 feet to a point of intersection of the centerline of an unnamed alley; this second alley herewith described as thirteen (13) feet wide and lying perpendicular to the line of traverse; thence south along the centerline of this alley 505.2 feet to a point on the north right-of-way of Cairo Road; thence in a westerly direction along the north right-of-way of Cairo Road 595 feet, more or less, to the point of intersection of the Paducah City Limit; thence in a northerly and easterly direction along the boundary of the City of Paducah to the point of beginning. SECTION 2. The Community Development Director of the City of Paducah, the Mayor of the City of Paducah, and all other officials of the City of Paducah are hereby autho- rized and directed to execute any and all papers necessary to file an amended application to the Enterprise Zone Author- ity of Kentucky to have said area declared to be an Enter- prise Zone and receive the benefits of such designations as set forth in KRS 154.650 through 154.705. SECTION 3. This Order shall be effective upon adoption according to law. GERRY B. MONTGOMERY Mayor Adopted by the Board of Commissioners January 24, 1989 Recorded by Lenita Smith, City Clerk, January 24, 1989 ATTEST: LENITA SMITH Lenita Smith, City Clerk `cd/entzone.mo