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HomeMy WebLinkAbout2010-7-7716AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT WITH THE GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL FOR SPECIFIC SERVICES BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized to execute a contract with Greater Paducah Economic Development Council in the amount of $300,000, to be paid in equal quarterly allocations of $75,000, for performance of services as outlined in said Contract. This contract shall expire June 30, 2011. SECTION 2. This expenditure will be charged to the Investment Fund account, Project No. ED0006. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: Jvxf M" Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, July 13, 2010 Adopted by the Board of Commissioners, July 27, 2010 Recorded by Tammara S. Brock, City Clerk, July 27, 2010 Published by The Paducah Sun, August 3, 2010 \ord\contract-GPEDC fy10-11