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HomeMy WebLinkAbout2007-11-7362449 ORDINANCE NO. 2007-11-7362 AN ORDINANCE AUTHORING THE MAYOR TO EXECUTE A LOAN AGREEMENT BETWEEN PADUCAH MAIN STREET AND THE CITY OF PADUCAH,KENTUCKY BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized to execute an Agreement with Paducah Main Street for a loan in the amount of $51,000 for the funding of the Main Street's facade loan program. SECTION 2. This expenditure shall be charged to 001-0000-110-01-01 SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: S. Brock Cit Tammara S y Clerk Introduced by the Board of Commissioners November 13, 2007 Adopted by the Board of Commissioners November 27, 2007 Recorded by Tammara S. Brock, November 27, 2007 Published by The Paducah Sun, December 1, 2007 \ord\downtown dev\facade loan -main st