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HomeMy WebLinkAbout2012-8-7964ORDINANCE NO. 2012-8-7964 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT WITH THE CONVENTION CENTER CORPORATION 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 the Convention Center Corporation in the amount of $100,000, to be paid in quarterly installments (1St and 2nd quarter -$34,500 each—less one-half of insurance premiums in each quarter; 3rd/ 4th quarter - $15,500 each), to market and operate the Expo Center and Julian Carroll Convention Center. This contract shall expire June 30, 2013. SECTION 2. This expenditure shall be charged to the Investment Fund. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: jw'17�� _"4MA_(U 6e9-1– Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, July 24, 2012 Adopted by the Board of Commissioners, August 14, 2012 Recorded by Tammara S. Sanderson, City Clerk, August 14, 2012 Published by The Paducah Sun, August 18, 2012 \ord\contract-Convention Center Corp fy12-13