HomeMy WebLinkAboutMinutes Book 18, Page 669, June 29, 1931N.,. _ 669 . -- -- --- ----
Pfoh•PPdIIU )S U)__ -_BOARD _OF COSwiss _ovFRS _ -Clh� 0( Paducall,KFIn' rY.._TuNE 29 1cJ:9
At a regular meeting of the Bou:d of Commissionors hold in the CBmmissioners'
Chamber in the City Hall Building in the City of Paducah, Kentucky at 2:00 orclock
P.M. on the 29th day of June, 1931, Mayor Lackey presided and upon call of the roll
the following answered to their names: Commissioners Bradshaw, Hannin, Nelson,
Rutter sad Mayor Lackey, (5).
Minutes of the previous meetings were adopted as read.
Paducah Mayor Lackey offered motion that the resolution from the Paducah Board of
Bd.of Tra,b
resolution Trade with reference to river. terminal at Paducah be received and filed. Adopted on
filed
call. of the roll: Yeas; Conmissioners Bradshaw, Hannin, Nelson, Rutter and Mayor
Lackey, (5).
Mayor Lackey offdred the following motion; 'there having been filed with the
Paducah
Bd.of Tradr Board of Commissioners a request for permission to erect rail and river terminals at
river &
rail torn- Paducah, Kentucky at a point indicated as the northeast corner at the int-rsection of
inal
1st and Jefferson streets ih Paducah, Kentucky, I move that the City Solicitor be
instructed to confer with W.B. Kennedy and other interested parties for the purpose of
ascertaining the requirements for such terminal, and that he prepare the necessary
and permission for the construction and estnblishment of such terminal with the limits
of time within which the same shall be ready for use. Adopted on call of the roll:
Yens; Commissioners Bradshaw, Hannin, Nelson, Rutter and Mayor Lackey, (5).
City Artll Commissioner Hutt r offered motion that the amount of $27,000.00 balance
Bark bal due on the note executed by the City of Paducah to the City National Bank on January
on note pd
30,1931 for $35,000.00, which becomes due on June 29, 1931, be allowed and the
Cocaissicner of Public Finance authorized to pay same at maturity by drawing a check
for said amount of 127,000.00 on the Special Street Improvement Fund. Adopted on
call of the roll: Yeas; Co=issionors Bradshaw, Hannin, Nelson, Rutter and Mayor
Lackey, (5).
"cney :ra-+: r
Conlssioner Putter offered motion that the Commissioner of Public Finance be
ferrcd Lra_ authorized to transfer from the General Fund on Juno 30, 1931 to the
Gcn.Fun3
to 79ric,z3 3rd. D1set. Sower Bond Sinking Fund ,$3100.00
fln�a 2nd. " Relief Se•aer Bond :inking Fund 1247.50
Hardsurfaee Street & R of "1 Bond Sinking Fund 1993.50
Island Creek Bridge Bond Sinking Fund 998.00
City of Paducah Funding bond Sinking Fluid 3759.00
Gcnerr,l :;inking; Fund 5066.00
:school Imp. Bonds of 1920 Sinking Fund 5174.42
Lehool Imp. Rends of 1926 Sinking Fund 2688.42
Total $�8�
.no Wncunt due to to act aside Inch six months to retire bonds at maturity. Adopted
on call of the roll: Yeas; Coc:miasiori,rs bra show, Hannin, Nelson, Rutter and Mayor
Lackey, (5)1.
brew^ia
Co=iscionor Futter offered motion that tho Commisnioner of i'ublic einance be
authorized to pay the int,;rr,st coupons for 6 monthu on the Arcndia Graded School No.l
Jo.
i ?'on= !^-% Bond is::ue due July 1, 1931 a_curting to 1300.00:
cc::aan rd.
Cutatan•91ng $10,000.00
Int,rest rate 6%
Arnual ir.ter:at £-00.00
=rca-P.rraal int ._rest ,,r.rl.nn
esyst?le at the .Sty s6tiont". rank. Adopted on call of the roll: Yeas;
Ce aissien• rs bracsnsw, Fannin, Va2acn, nutter and aayor Lackey, (5).
Nv ._fi70__ --
Proceedings of Patlncah,t zel_ 1931
Commissioner Rutter offered motion that the amount of $50.000.00,
Borrowed money -
$50,000.00 paid which the Mayor and Commissioner of Public Finance were authorized to borrow,
•be allowed and the Commissioner of Public Finance authorized to pay same.on date
of maturity, July 6, 1931:
First National Bank, Louisville.Kentucky $30,000.00
Citizens Union National hank, " " 20,000.00
Total $50,000.00
Adopted on call of the roll: Yeas; Commissioners Bradshaw, Hannin, Nelson, Rutter
and tiayor Lackey, (5);
Commissioner Rutter offered motion that the Commissioner of
3rd. Diset.Sewer
bonds 6 months Public Finance be authorized to pay the interest coupons for 6 months on the 3rd
int.coupons
District Sewer Bonds due July 10, 1931:
Outstanding $600,000.0
Interest rate
Annual interest 30,000.00
Semi -Annual interest 15,000.00
Bank's collection charge 37.50
Total $15,037.50
Payable through the City National Bank, Paducah, for remittance to the Chemical
Baru. & Trust Company, New York, on or bar re July 10, 1931. Adopted on emll of the
roll: Yeas; Commissioners Bradshaw, Hannin, Nelson, Rutter and Mayor Lackey, (5).
Rosa Waltman Commissioner Rutter offered the folloiwing motion: The claim of
claim allowed
Rosa 67altmaw for amount of $55.13 having been duly approved for allowance and
payment, I move that acme be allowed and the Commissioner of Public Finance
authorized to issue a check on tt,e General Fund iceordingly and charge to the
Repairs to City Buildings Fund in the Department of Public Property. Adopted on
call of the roll: Yeas; Commissioners Bradshav, Hannin, Nelson, Rutter and Mayor
Lackey, (5).
Casio orders -June Commissioner Rutter offered motion that the cash orders in the
amount of $126.66 be allowed and the Commissioner of Public Finance be re imbursed
by check on the General Fund for said amount; same to be charged to the proper
funds. Adopted on call of the roll: Yens; Commissioners Bradshaw, Hannin, Nelson,
Rutter and Mayor Lackey, (5).
On motion meeting adjourned.
ADOPTED tf_L fJ _ ,1931
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