HomeMy WebLinkAboutMinutes Book 18, Page 556, September 6, 1930N., 556
Proceedings of BOARD or CeMV—Tca_1'_olr_es_ City of Paducah., FPTFrEp 6 19 0 —
At a call meeting of the Board of Commissioners held in
the Com�issaoners' Chamber in the City Hnll Building in the City of Paducah,
Kentucky at 11:00 o'clock on the 6th day of Seotemb^r, 1930, Mayor Lnckoy
presided and upnn call of the roll the follot:ing nnswered to their names:
Co=ni^sioners Bradshaw, Hannan, Nelson, Rutter and Mnyor Lackey, (5).
?.!ayor L-ekey stated reason for call, to -wit: For the purpose
of passing a resolution to receive bids on Paducah '.'later Norks Company
bonds, and such other business as may come before the Board.
Commissioner Nelson o"fored motion to adopt a resolution entitled,
'.'!star Uorks bonds "A RESOLUTION PFOVIDING FOR THE RFCEIVING OF BIDS AND PROPOSALS FOR ISSIIING
bids to be
received. AND SELLING '3PTFP v!ORKS BONDS OF THE CITY OF PALUCAH, TO BE SECURED BY FIRST
LIEN UPON TNF WATFR "!OFKS PLANT AND PAYABLE ONLY OUT OF THF PrVT'NUF.S AND
INCOME FROM SAID -LANT, SO AS TO YI?LD FFOM FPID SALE TRF SUM OF PPPPDXIY(TT'hY
770 MILTION ($2,000,000.00) DOLLARS FOP SAIP PURPOSE, AND FOR TPE PIITPOFE OF
MAKING NFCTSSARY FXTFN°IONS AND I,'.IPPOV-1'TT!TS '!HrPT'TO, AN!` PROVIDING THAT TP.E
MAYOR SHALT, EXECUTE ALL SIKH PAPFFS ON B"HtLF Or TPE CITY AS MAY BE NFCFSSARY
IN COMPLIANCE '''TTH ANY AOCFPTCD BID OF 'PO°OSAL." Adopted on call of the
roll: Yeas; Commissioners Eredshaw, Hnnnin, Nelson, Rutter and Yayor Lackey,
(5).
On motion meeting adjourned
ADOPTED_ p 1930
City ler
APPROVED*
mayor