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ORDINANCE NO. 2005-11-7039
AN ORDINANCE AUTHORIZING THE CITY OF PADUCAH
TO ENTER INTO AN AGREEMENT WITH INGRAM BARGE
COMPANY
WHEREAS, Ingram Barge Company ("Ingram") has agreed to significantly expand and
relocate its current barge operation facility by constructing a new multi -story operations center
("Project")within the corporate limits of the City of Paducah ("City"), Kentucky; and
WHEREAS, as a condition precedent to the construction of the Project, Ingram has
requested the commitment of the City to make and/or reimburse Ingram for certain necessary
renovation, construction, and improvements to facilities and properties relating to the municipal
interests of the City, including improvements to road accesses and sidewalks, the riverfront and
relocation of floodwall facilities ("Related Facilities"); and
WHEREAS, as part of this commitment, Ingram has also requested that the City resolve a
dispute which has arisen between the parties with regard to Ingram's responsibility for employee
withholdings under Article IV, Section 106.81, et seq., and to define any amount due and owing
by Ingram to the City for same, and to clarify such responsibility for future employee
withholdings; and
WHEREAS, it is the general consensus of the City Commission that the construction of
Ingram's Project will promote the economic welfare of Paducah, and will help relieve
unemployment and also provide a stimulus to future commercial and industrial activity in
Paducah, and that the terms as negotiated between the Mayor and Ingram with regard to the
City's commitment to Ingram are in the public interest of the City and accomplishes the
(21,
immediate construction of Ingram's Project.
NOW, THEREFORE, BE IT ORDAINED AS FOLLOWS:
Section 1. The Board of Commissioners does hereby approve the terms proposed by the
Mayor which define the City's commitment to fund $300,000.00 for the renovation, construction,
and improvements of the Related Facilities, and does hereby reaffirm same. In accordance with
such approval, the Mayor of the City is hereby authorized and directed to enter into an agreement
with Ingram which sets forth the terms of the City's commitment with regard to renovation,
construction, and improvements of the Related Facilities, and the resolution of the dispute with
regard to employee withholdings.
Section 2. This ordinance shall be read on two separate dates and will become effective
upon summary publication pursuant to KRS Chapter 424.
ATTEST:
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Tamara S. Brock, City Clerk
Introduced by the Board of Commissioners, November 8, 2005
Adopted by the Board of Commissioners, November 15, 2005
Recorded by Tamara S. Brock, City Clerk, November 15, 2005
Published by The Paducah Sun, November 21, 2005
\ord\Agree-Ingram Barge
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