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HomeMy WebLinkAbout2006-5-7129ORDINANCE NO. 2006-5-7129 AN ORDINANCE RATIFYING AND APPROVING THE MAYOR'S EXECUTION OF AN ACKNOWLEDGMENT AND GUARANTY AGREEMENT BETWEEN THE CITY OF PADUCAH, KENTUCKY, KENTUCKY OAKS MALL COMPANY AND MCCRACKEN COUNTY, KENTUCKY FOR SANITARY SEWER MAINS ASSOCIATED STRICTLY WITH THE KENTUCKY OAKS MALL COMPLEX BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah hereby ratifies and approves the Mayor's execution of an Acknowledgment and Guaranty Agreement between the City of Paducah, Kentucky, Kentucky Oaks Mall Company and McCracken County, Kentucky, for assurance that the Mall's sewer mains will not experience any diminished capacities nor will the City restrict future mall development with respect to the existing sanitary sewer facilities. SECTION 2. Pursuant to KRS 83A.060, the City Commission suspends the requirement of a second reading and publication of this Ordinance. As grounds therefore, the City Commission does hereby declare an emergency to exist as to the execution of this Agreement. Specifically, to assist the Paducah McCracken County Joint Sewer Agency with the expeditious execution and recording of an Amendment to Reformation of Easement Agreement. SECTION 3. This Ordinance shall become effective upon the first reading of this Ordinance. ATTEST: Tammara S. Brock, City Clerk Introduced and adopted by the Board of Commissioners, May 30, 2006 Recorded by Tammara S. Brock, City Clerk, May 30, 2006 Published by The Paducah Sun, June 5, 2006 \ord\eng\sewers-ky oaks mall W: