HomeMy WebLinkAboutMinutes Book 18, Page 703, September 26, 1931uf` bOAFD OF COMMIS_:10NFES Cja) of 1"Iduea11 .KFITTUCKY. FFPTFMBTR 26--19-3k—
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At a call meeting of the board of Commissioners held in the
Co-missioners' Chamber in the City Hall building In the City of Paducah, Kentucky
at 10:00 o'clock A.M. on the 26th day of September, 1931, Mayor Lackey proslded and
upon call of the roll the following answored to their names: Commie,eioncrs 11annin,
Futter and Mayor Lackey, (3).
Y yor Lackey stated reason for call,to-wit: For the purpose of
allowing semi-annual interest on Paducah Plater Works bonds, and such other business
as map come before the Board.
Paducah Commissioner Rutter offered the following motion: Imove that the
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bonds -semi- Commissioner of Public Finance, as required by ordinance, be authorized to pay out
annual int.
paid of funds accumulating in the bond and Interest Redemption Fund of the Paducah Water
Works
The semi-annual interest on the Paducah Dater Works Bonds, municipally
owned, duo October 1, 1931 for $51,325.00, and to also retire the Water Works Bonds,
numbers 1, 2 and 3 maturing October 1, 1931 for $3000.00, making a total of
$54,345.00. Adopted on call of the roll: Yess; Commissioners Hannin, Rutter and
Mayor Lackey, (3). r
Paducah, Commissioner Rutter offered motion that the Commissioner of Public Finance
Tenn & Ala _
Railroad be authorized to pay the interest coupons for 6 months on the Paducah, Tennessee
bands 6 mo.
interest & Alabama Railroad bonds due October 1, 1931:
. .
Outstanding $95,000:00
Interest rate
Annual interest 2,250.00
Semi-annual interest $1125.00
Bank19 collection charge of t of 1% 2,81
Total amount due $1127.81
Payable through the City National Bonk, Paducah, for remittance to the National
City bank., New York, N.Y. on or before October 1, 1931. Adopted on call of the
roil: Yeas; Commissioners Har.nin, Nutter and Mayor Lackey, (3).
On motion meeting adjourned.
,1931 APPROVED:__+v„L-�
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