HomeMy WebLinkAbout2019-12-8602ORDINANCE NO. 2019-12-8602
AN ORDINANCE AMENDING ORDINANCE NO. 2019-6-8578,
ENTITLED, "AN ORDINANCE ADOPTING THE CITY OF PADUCAH,
KENTUCKY, ANNUAL OPERATING BUDGET FOR THE FISCAL YEAR JULY 1,
2019, THROUGH JUNE 30, 2020, BY ESTIMATING REVENUES AND
RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY
GOVERNMENT" AND AUTHORIZING THE FINANCE DIRECTOR TO MAKE
PAYMENT TO THE UNITED STATES ARMY CORPS OF ENGINEERS
LOUISVILLE DISTRICT
WHEREAS, the City of Paducah entered into a Project Partnership
Agreement with the United States Army Corps of Engineers for reconstruction of the
City of Paducah's Local Flood Protection Project by adoption of Ordinance No. 2017-05-
8484; and
WHEREAS, pursuant to the Project Partnership Agreement, the Corps of
Engineers is requesting a cash draw of $687,894.00; and
WHEREAS, KRS prohibits expenses to exceed the budget in any
department and it is therefore necessary to amend the City's FY2020 budget.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF
PADUCAH, KENTUCKY:
- SECTION 1. That the annual budget for the fiscal year beginning July 1,
2019, and ending June 30, 2020, as adopted by Ordinance No. 2019-6-8578, be amended
by the following re -appropriations:
• Transfer $687,900 from the FY2020 General Fund Reserve to the
Floodwall Cash Match (FW0016) Project Account
SECTION 2. That the Finance Director is hereby authorized to make
payment to the United States Army Corps of Engineers Louisville District in the amount
of $687,894.00 in accordance with the Project Partnership Agreement for reconstruction
of the City of Paducah's Local Flood Protection Project. This expenditure shall be
charged to the Floodwall Cash Match (FW0016) Project Account.
SECTION 3. This ordinance shall be read on two separate days and will
become effective upon summary publication pursuant to KjRS Chapter 424. /
Brandi Harless, Mayor
ATT ST:
'Lindsay Parish, C t Clerk
Introduced by the Board of Commissioners, December 10, 2019
Adopted by the Board of Commissioners, December 17, 2019
Recorded Lindsay Parish, City Clerk, December 17, 2019
Published by The Paducah Sun, December 25, 2019
\ord\finance\budget amend 2019-20 - December 2019 (2 d Amendment)