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HomeMy WebLinkAbout2007-6-7291ORDINANCE NO. 2007-6-7291 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A GRANT AGREEMENT AND ALL DOCUMENTS RELATING THERETO WITH THE UNITED STATES DEPARTMENT OF TRANSPORTATION SECTION 112 GRANT FOR RIVERFRONT REDEVELOPMENT WHEREAS, the City of Paducah applied for a 2006 United States Department of Transportation Section 112 Grant in the amount of $2,277,000 for Riverfront Redevelopment adopted by Municipal Order No. 1250 on December 12, 2006; and WHEREAS, the United States Department of Transportation has approved the application and is now ready to award this grant. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized and directed to execute a Grant Agreement and all documents relating thereto with the United States Department of Transportation, in the amount of $2,277,000 for a Section 112 Grant for the redevelopment of Paducah's riverfront. This grant award does not require any local cash or in-kind match. SECTION 2. This expenditure shall be charged to CFDA 20-200 Account. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, June 12, 2007 Adopted by the Board of Commissioners, June 26, 2007 Recorded by Tammara S. Brock, City Clerk, June 26, 2007 Published by The Paducah Sun, July 2, 2007 \word\ord\plan\grants\Riverfront Dev 2007 US DOT Sect 112 306