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HomeMy WebLinkAboutEstablishment of Paducah Economic Devlepment Administration Account 753 _A RESOLUTION PROVIDING, FOR THE ESTABLISHMENT. QF. THE _CITY OF PADUCAH ECONOMIC DEVELOPMENT ADMINISTRATION PROJECT NO. .04 -0.1- 01617, ACCOUNT BE .IT_RESOLVED. BY THE BOARD .OF.._COMMISSIONERS OF THE 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 account; .the purpose of said account shall be to facilitate in the accounting for all cash receipts and disbursements .received by the Commissioners of Water Works .in the One Million Dollars grant received from .the.. United States Department 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 Manager, and either the Chairman or .Secretary_- treasurer. of the Commissioners of Water Works ,of_the City of .Paducah, Kentucky, are hereby authorized and approved as joint signatories for the aforesaid account. SECTION 3. This resolution shall be in full force and effect _from and after its adoption. Mayor Passed by the Board of Commissioners March 14, 1978 Recorded by Louise McKinney, City Clerk, March 14, 1978. r