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HomeMy WebLinkAbout2004-4-6789ORDINANCE NO. 2004-4-6789 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE AN AGREEMENT WITH J.J.B. HILLIARD, W.L. LYONS, INC., FOR SERVICES TO THE CITY OF PADUCAH AS FINANCIAL ADVISOR FOR ISSUANCE OF GENERAL OBLIGATION BONDS 0 BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1 That the Mayor is hereby authorized and directed to execute a an agreement between the City of Paducah and J.J.B. Hilliard, W.L. Lyons, Inc., for providing services to the City as Financial Advisor for issuance of General Obligation Bonds in the approximate amount of $5,000,000. SECTION 2. The Finance Director will process expenditures through account Bond Issue — 2004. 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. Brock, City Clerk Introduced by the Board of Commissioners March 23, 2004 Adopted by the Board of Commissioners, April 5, 2004 Recorded by Tammara S. Brock, City Clerk, April 5, 2004 Published by The Paducah Sun, April 12, 2004 \ord\finance\bond-financial advisor -$5,000,000 I