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HomeMy WebLinkAboutMO # 282489 MUNICIPAL ORDER NO. 282 A MUNICIPAL ORDER SETTING FORTH THE GEOGRAPHICAL BOUNDARIES OF THE OPPORTUNITY ZONE WITHIN THE CITY OF PADUCAH, KENTUCKY" BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Opportunity Zone created by Ordinance No. 85-11-2763 shall consist of a forty (40) block area within the commercial core of the inner City of Paducah, Kentucky, said area being bounded by First, Clark, Ninth and Monroe Streets. Within this area, known locally as the Central Business District and certain contiguous transitional areas, private ventures qualifying under the terms and conditions as set forth in Ordinance No. 85-11-2763 may benefit fully in the incentives granted by same. SECTION 2. The City Manager of the City of Paducah is hereby authorized to receive, process and grant approval to applications received from private entities wishing to do business within Paducah's Opportunity Zone and whose proposals qualify and meet the intent of said ordinance. date of its adoption. This order shall be in full force and effect -from and after the JOE VITERISI Mayor Passed by the Board of Commissioners December 10, 1985 Recorded by Lenita Smith, City Clerk, December 10, 1985