HomeMy WebLinkAboutMatrix FundingRESOLUTION
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE CITY
OF PADUCAH, KENTUCKY, AUTHORIZING THE MAYOR TO EXECUTE A GRANT
AGREEMENT AND ALL OTHER DOCUMENTS AS NECESSARY TO ACCEPT
FUNDS IN THE AMOUNT OF $500,000 TO LATER BE DISBURSED TO MATRIX
ur ENGINEERING, PLLC TO FINANCE IN PART MATRIX'S PETROLEUM COKE
MOBILE TEST UNITS
WHEREAS, on Apri18, 2008, the City adopted a resolution authorizing the
submission of an application for Kentucky Economic Development Finance Authority grant
funds not to exceed $500,000 for Matrix Engineering, PLLC, (typographically listed as
Matrix Industrial Systems) to assist Matrix in acquiring, developing, and assembling two new
mobile test units in order to expand their petroleum coke supply facility location in
McCracken County; and
WHEREAS, the Cabinet for Economic Development, State Property and
Buildings Commission have approved the grant and desire to proceed with the funding for
the Matrix Engineering, PLLC expansion project.
BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY
OF PADUCAH, KENTUCKY:
SECTION 1. That the City of Paducah hereby authorizes the Mayor to execute
a grant agreement and all other documents as necessary to accept grant funds in the amount
of $500,000 to be disbursed to Matrix Engineering, PLLC, for mobile test units.
SECTION 2. This Resolution shall be in full force and effect from and after its
adoption.
ATTEST:
Tammara S. Brock, City Clerk
-- Adopted by the Board of Commissioners, June 9, 2009
Recorded by Tammara S. Brock, City Clerk, June 9, 2009
~resol~natrix funding