HomeMy WebLinkAbout10/25/04459
OCTOBER 25, 2004
At a Called Meeting of the Board of Commissioners and the McCracken County Fiscal
Court, held on Monday, October 25, 2004, at 6:00 p.m., in McCracken County
Courthouse — Courtroom D, Mayor Paxton presided, and upon call of the roll by the City
Clerk, the following answered to their names: Commissioners Coleman, Guess,
Montgomery, Smith and Mayor Paxton (5).
For the McCracken County Fiscal Court Judge Orazine presided and upon call of the roll
by the County Clerk, the following answered to their names: Commissioners Freeman,
Grimm, Renfro and Judge Orazine (4).
Also, present for the Fiscal Court was County Administrator, Steve Doolittle and County
Attorney, Dan Boaz.
R & F CALLED MEETING NOTICES
Commissioner Coleman- offered _ motion, seconded by Commissioner Guess, that the
Notices of Called Meeting for 6:00 p.m., Monday, October 25, 2004, be received and
filed.
Adopted on call of the roll, yeas, Commissioners Coleman, Guess, Montgomery, Smith
and Mayor Paxton (5).
ORDINANCE — ADOPTION
AUTHORIZE FUNDING FOR SPECULATIVE BUILDING
Commissioner Guess offered motion, seconded by Commissioner Coleman, that the
Board of Commissioners adopt an ordinance entitled, "AN ORDINANCE OF THE CITY
COMMISSION OF THE CITY OF PADUCAH, KENTUCKY AUTHORIZING CITY
OF PADUCAH TO EXECUTE A LOAN GUARANTY AGREEMENT WITH
PADUCAH AREA COMMUNITY REUSE ORGANIZATION ("PACRO") AND
PURCHASE AREA DEVELOPMENT DISTRICT ("PADD") FOR THE BENEFIT OF
THE PADUCAH-MCCRACKEN COUNTY INDUSTRIAL DEVELOPMENT
AUTHORITY ("IDA") FOR THE CONSTRUCTION OF A INDUSTRIAL
SPECULATIVE BUILDING IN INDUSTRIAL PARK WEST." This ordinance is
summarized as follows: This Ordinance authorizes the City of Paducah, Kentucky (the
"City") to execute a loan guaranty agreement with PACRO in the maximum amount of
$500,000.00, and a loan guaranty agreement with PADD in the maximum amount of
$200,000.00, as an inducement to PACRO and PADD to finance for IDA the public project of
constructing and installing an approximately 60,000 square foot industrial speculative building
on approximately 10 acres in Industrial Park West. The County of McCracken will be equally
obligated with the City of Paducah on the guaranty to PACRO and PADD.
Adopted on call of the roll, yeas, Commissioners Coleman, Guess, Montgomery, Smith
and Mayor Paxton (5). ORD. NO. 2004-10-6880; BK 30; PG
McCracken County Fiscal Court adopted county ordinance.
ORDINANCE — INTRODUCTION
REVISED AIRPORT GOVERNANCE
o CREATE LOCAL AIR BOARD
Commissioner Montgomery offered motion, seconded by Commissioner Smith, that the
Board of Commissioners introduce an ordinance entitled, "ORDINANCE CREATING
4! AND ESTABLISHING AN ENTITY TO BE KNOWN AS THE BARKLEY
REGIONAL AIRPORT BOARD; PROVIDING FOR THE APPOINTMENT OF
MEMBERS; AND SETTING FORTH THE POWERS, FUNCTIONS AND DUTIES OF
SAID AIRPORT BOARD." This ordinance is summarized as follows: The City of
Paducah hereby creates and establishes the Barkley Regional Airport Board which shall
have all the powers, functions and duties authorized by the Local Air Board Act, KRS
183.132, et seq.
McCracken County Fiscal Court adopted county resolution.
460
OCTOBER 25, 2004
❑ TRANSFER ASSETS TO NEW LOCAL AIR BOARD
Commissioner Smith offered motion, seconded by Commissioner Mongtomery, that the
Board of Commissioners introduce an ordinance entitled, "AN ORDINANCE
AUTHORIZING AND APPROVING THE TRANSFER OF REAL PROPERTY,
PERSONAL PROPERTY AND OTHER ASSETS FROM CITY OF PADUCAH,
KENTUCKY, TO BARKLEY REGIONAL AIRPORT BOARD." This ordinance is
summarized as follows: This ordinance transfers real property, personal property, and
other assets currently utilized by the Paducah Airport Corporation, Inc., to the newly
created and established joint city/county Barkley Regional Airport Board, and authorizes
the Mayor to execute all documents necessary to convey such transfer.
McCracken County Fiscal Court adopted resolution for the above.
Concerns:
With the creation of the new board would they be able to levy a tax?
What happens to the property that is transferred to the new Board if the airport closes?
Can the current members continue to serve on the newly created board if they hold an
official office?
DISCUSSION
The County Administrator and City Manager presented information for both the City and
County to consider in order to create an Interlocal Agreement for Economic Development
Cost and Tax Sharing.
STAFF REPORT
The City Manager requested both Commissions review the packet of information which
will be sent to the Chamber for the selection of community projects and issues that they
will support next year.
City/County issues in the pipeline:
❑ Propose to negotiate the Comcast Cable Franchise Agreement as a joint effort
❑ Application for a joint Homeland Security Grant through DES
Upon motion the joint meeting adjourned.
ADOPTED: November, 2004
Jainm"Z&VS-k
City Clerk