HomeMy WebLinkAboutEstablishment of the City Econ Development Admin57
A RESOLUTION PROVIDING FOR THE ESTABLISHMENT OF THE CITY
OF PADUCAH ECONOMIC DEVELOPMENT ADMINISTRATION PROJECT NO. 04-01-
01617 ACCOUNT
BE IT RESOLVED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. There is hereby established the "City of Paducah EDA
Project No . 04-01-01617 Account" , and the Peoples First National Bank and Trust
Company of Paducah, Kentucky, is designated as the depository for said
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account; the purpose of said account shall be fo facilitates in the accounting
for all cash receipts and _dsbursements received by the Commissioners 'of Water
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Works in the One Million Dollars grant' received from the United States' Depart-
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ment of Commerce, Economic Development Administration, for the purpose of
constructing water mains and a storage tank in -the City of Paducah, Kentucky.
SECTION 2. The City Treasurer, and either the Chairman or Secre-
tart'-treasurer of the Commissioners of Water Works of the City of Paducah,
Kentucky, are hereby authorized and approved as joint signatories for the
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aforesaid account.
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SECTION 3. This resolution shall be in full force and effect from
and after its adoption . - T _
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aYor
Passed by the Board -of Commissioners April 14, 1981
Recorded by Louise McKinney, City Clerk, April 14, 1981.