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HomeMy WebLinkAbout2012-7-7953ORDINANCE NO. 2012-7-7953 AN 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 $250,000, to be paid in equal quarterly allocations of $62,500, for performance of services as outlined in said Contract. This contract shall expire June 30, 2013. 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: Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, July 10, 2012 Adopted by the Board of Commissioners, July 24, 2012 Recorded by Tammara S. Sanderson, City Clerk, July 24. 2012 Published by The Paducah Sun, July 28, 2012 \ord\contract-GPEDC fy12-13 �'I