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Home My WebLink About2012-11-7986153882 ORDINANCE NO. 2012-11-7986 AN ORDINANCE OF THE CITY OF PADUCAH, KENTUCKY, DECLARING SUPPORT FOR AND AUTHORIZING CERTAIN ACTIONS TO ENABLE G.P.E.D.C., INC., DOING BUSINESS UNDER THE ASSUMED NAME OF THE GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL, INC TO PARTNER WITH TELETECH SERVICES CORPORATION FOR THE DEVELOPMENT AND LOCATION OF A GENERAL AND ADMINISTRATIVE OFFICES FOR CUSTOMER CARE CENTERS WITHIN THE BOUNDARIES OF THE CITY OF PADUCAH, MCCRACKEN COUNTY KENTUCKY; AND FURTHER AUTHORIZING THE EXECUTION OF VARIOUS DOCUMENTS RELATED THERETO. WHEREAS, the City of Paducah, Kentucky (the "City") has previously determined, and hereby further determines, that it is a public purpose to reduce unemployment in the City, to increase the City's tax base, to foster economic development within the City and to promote the development of a skilled workforce, all to the benefit of the citizens and residents of the City; and WHEREAS, in order to accomplish the aforesaid public purposes the City has determined that it is necessary and desirable that the City declare support for and authorize certain actions to enable G.P.E.D.C., INC., doing business under the assumed name of the GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL, INC., a Kentucky not -for- profit -corporation ("GPEDC") to partner with TeleTech Services Corporation ("TeleTech") to develop and locate general and administrative offices for customer care centers with technical support capabilities and other lawful purposes in a certain planned office park called the Paducah Commerce Park located on McCracken Boulevard, Paducah, Kentucky (the "Commerce Park Property"), and in a second location currently referred to as the Commerce Center located at 401 Kentucky Avenue, Paducah Kentucky, 42003 (the "Commerce Center Property"), all within the boundaries of Paducah, McCracken County, Kentucky; (together, the "Project"); which cooperative, mutual endeavor has been evidenced by a certain Memorandum of Understanding dated November 1, 2012 and entered into by and between GPEDC and TeleTech; and NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF PADUCAH, KENTUCKY, AS FOLLOWS: Section 1. Declaration of Support. The City hereby declares support for the cooperative, mutual endeavor of GPEDC and TeleTech to develop and locate the Project within the boundaries of Paducah, McCracken County, Kentucky, as evidenced by that certain Memorandum of Understanding dated November 1, 2012 (the "MOU"), and commits to assist GPEDC in its endeavors to develop and locate the Project; and further authorizes the Mayor to execute any agreements, instruments or documents which may be necessary to accomplish the transaction contemplated by the MOU which are not inconsistent with this Ordinance and not substantially adverse to the City. Section 2. Transfer Authorization. To facilitate the development of the Project, the City Commission does hereby approve the deed of conveyance, attached hereto, between the City of Paducah, Kentucky and GPEDC conveying the Commerce Center Property located at 401 Kentucky Avenue, Paducah Kentucky 42003, from the City to GPEDC for and in consideration of economic development. The Mayor of the City of Paducah, Kentucky, is hereby authorized to execute and approve said deed of conveyance, and to execute all documents which may be necessary to effectuate the aforesaid transfer of the Commerce Center Property. Section 3. Commitment to Invest in the Project. The City Commission does hereby agree to commit monetary funds to the Project to assist GPEDC in its commitment to provide Investment Funds for the construction of the customer contact center on the Commerce Park Property and for the renovation of the Commerce Center Property as more particularly set forth in the MOU. The specific amount of the monetary funds to be invested in the Project shall be mutually agreed to by the City Manager and GPEDC, which amount shall not exceed $1.35 million. Section 4. Severability. If any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph or provision shall not affect any of the remaining provisions of this Ordinance. Section 5. Compliance With Open Meetings Laws. The City Commission hereby finds and determines that all formal actions relative to the adoption of this Ordinance were taken in an open meeting of this City Commission, and that all deliberations of this City Commission and of its committees, if any, which resulted in formal action, were in meetings open to the public, in full compliance with applicable legal requirements. Section 6. Conflicts. All ordinances, resolutions, orders or parts thereof in conflict with the provisions of this Ordinance are, to the extent of such conflict, hereby repealed and the provisions'of this Ordinance shall prevail and be given effect. Section 7. Effective Date. This Ordinance shall be read-o�-two separate days and will become effective upon summary publication pursuant to KRS Chapter 424, YOR ATTEST: Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, November 5, 2012 Adopted by the Board of Commissioners, November 13, 2012 Recorded by Tammara S. Sanderson, City Clerk, November 13, 2012 Published by The Paducah Sun, November 24, 2012 \ord\mou-teletech 2 EXHIBIT A 153897 DEED OF CONVEYANCE THIS DEED made and entered into this the day of , 2012, by and between CITY OF PADUCAH, KENTUCKY, a municipal corporation of the second class existing under the laws of the Commonwealth of Kentucky, and a body politic and corporate, whose address is Post Office Box 2267, Paducah, Kentucky 42002-2267, hereinafter called Grantor, and, G.P.E.D.C., INC., doing business under the assumed name of GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL, INC., a Kentucky not-for-profit corporation, of Post Office Box 1155, Paducah, Kentucky 42002-1155, Grantee. WITNESSETH: THAT FOR AND IN CONSIDERATION of a gift to Grantee to promote economic development, tourism, workforce development and other related uses which are beneficial to the economy and growth of the community, the receipt of which is hereby acknowledged, and pursuant to City of Paducah Ordinance Number the Grantor sold and does by these presents grant, bargain, sell, alien and convey unto the Grantee, its successors and assigns forever, together with all the improvements, appurtenances and rights thereunto belonging, the following described property, lying and being in McCracken County, Kentucky, and more BEING THE PROPERTY SUTUATED AT THE NORTHWEST INTERSECTION OF KENTUCKY AVENUE AND SOUTH 4TH STREET, PADUCAH, KENTUCKY AND SHOWN AS PARCEL "B" ON THE PLAT OF SUBDIVISION OF UNION PLANTERS BANK PROPERTY RECORDED IN PLAT SECTION "L", PAGE 1037, MCCRACKEN COUNTY CLERK'S OFFICE. BEING THE SAME ROPERTY CONVEYED TO CITY OF PADUCAH, KENTUCKY, A MUNICIPAL CORPORATION OF THE SECOND CLASS, BY DEED DATED JULY 21, 2003, OF RECORD IN DEED BOOK 1015, PAGE 380, MCCRACKEN COUNTY COURT CLERK'S OFFICE. SEE ALSO DEED OF CORRECTION DATED , OF RECORD IN DEED BOOK PAGE , MCCRACKEN COUNTY COURT CLERK'S OFFICE. TO HAVE AND TO HOLD the same, together with all improvements thereon and all rights and appurtenances thereunto pertaining unto Grantee, its successors and assigns forever, with Covenant of General Warranty, except easements, covenants and restrictions of record. Grantor and Grantee hereby swear and affirm, under penalty of perjury, that the foregoing transfer of real property is made by gift, nominal consideration, or no consideration and, further, that the estimated fair cash value for the property hereby transferred is:$675,000.00. hands. IN WITNESS WHEREOF, the Grantor and Grantee have hereunto set their 3 CITY OF PADUCAH, KENTUCKY G.P.E.D.C., INC. Lo Title Title STATE OF KENTUCKY ) COUNTY OF MCCRACKEN ) The foregoing instrument was sworn and acknowledged before me this day of , 2012, by , (title) of CITY OF PADUCAH, KENTUCKY, a municipal corporation of the second class existing under the laws of the Commonwealth of Kentucky, and a body politic and corporate, on behalf of said entity, Grantor. My commission expires NOTARY PUBLIC, STATE AT LARGE STATE OF KENTUCKY ) COUNTY OF MCCRACKEN ) The foregoing instrument was sworn and acknowledged before me this day of , 2012, by , (title) of G.P.E.D.C., INC., doing business under the assumed name of GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL, INC., a Kentucky not-for-profit corporation, on behalf of said corporation, Grantee. My commission expires NOTARY PUBLIC, STATE AT LARGE THIS INSTRUMENT WAS PREPARED BY THE UNDERSIGNED WITHOUT THE BENEFIT OF A TITLE EXAMINATION AND BASED UPON INFORMATION SUPPLIED BY THE GRANTORS. THE UNDERSIGNED ASSUMES NO RESPONSIBILITY FOR ITS ACCURACY. This instrument prepared by: DENTON & KEULER, LLP P. O. Box 929 Paducah, KY 42002-0929 Send current year tax bill to: GPEDC, Inc. P O Box 1155 Paducah, KY 42002-1155