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A RESOLUTION AUTHORIZING THE MAYOR TO PREPARE AND SUBMIT A
UDAG GRANT APPLICATION TO -ACQUIRE ADDITIONAL PROPERTY TO BUILD A MALL
IN CLOSE PROXIMITY TO THE .CONVENTION HOTEL SITE AND ASSURE THE
DEVELOPER OF THE CONVENTION HOTEL THAT THE CITY OF PADUCAH WILL CO-
OPERATE IN BUILDING A PARKING FACILITY IF "NECESSARY, AND .AUTHORIZING THE
MAYOR TO INVESTIGATE AND IMPLEMENT THE FORMATION OF A DOWNTOWN
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BUSINESS DEVELOPMENT DISTRICT COUNCIL
WHEREAS , the City of` Paducah is developing 'a convention center and hotel
complex, and
WHEREAS , Bob Green , primary developer of the Executive Inn in Vincennes ,
Indiana , and the ~ Executive Inn in Evansville , Indiana and the Executive. 'Inn Rivermont ,
Owensboro, Kentucky, has expressed ' a strong desire of developing an Executive Inn
in conjunction with the convention center, and
WHEREAS , after. careful consideration the Board of Commissioners of the' City
of Paducah is: convinced` that Sob Green or an entity owned and operated by him ,
would be the best ~ developer for the convention 'center hotel project , and
WHEREAS , Mr .. Green has requested commitments from the Board of Coin-
missioners of the City of Paducah prior to his making a formal announcement on
developing the hotel convention center complex.
NOW, THEREFORE,:. BE IT RESOLVED BY THE BOARD 'OF COMMISSIONERS
OF THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. -That the Mayor be; and he is hereby,. authorized ~o prep~°re
and submit a `UDAG grant application toacquire additional property° ~to build a shopping
mall in close proximity to the convention hotel site .
SECTION 2. It is further resolved that the Board of Commissioners of the
City of Paducah will cooperate with Bob Green or with an. entity owned and operated
by him, in the building of a parking facility, if, such facility is required.
SECTION 3. It is further resolved that the Mayor is authorized to institute
the necessary steps for the development of a Downtown Business District Development
Council with membership to consist of local government representatives ; representatives
of local Chamber of Commerces along ~!vth-business representatives , .representing
local financial institutions , merchants , property owners , and miniority interest .
SECTION 4. Be it further resolved that the Board of Commissioners will
allocate a sum of money up to $35,000 toward the first year funding of said Council,
provided that adequate additional commitments are made by the Fiscal Court of
McCracken County and the business community, and further provided that the
entire business and retail community is allowed to expand by the removal of the
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