HomeMy WebLinkAboutOrdinances Book 6, Page 195, No Ordinance NumberI
Pdl ORDINANCE AMENDING AN ORINAN(E, ENTIT1,111.),"AN ORDIi"IANCE RXPMIDTIIff; Iffiv
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I ANUFACTURING E7d7YRPRISES ESTABLISHED Iii TI-F.,' CITY 0}-' PADUCAH, KRNTUCYY FROM
T7iF PAYi,IF; jiT 01, AFiY. ADVALOREM OR LICEHSi�, TAX TO THE CITY OF PA ,IFCIkH FOR A R17RIOD
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OF FDTE, YEARS;'" APPROVED BY TjJF4 MAYOR JULIE 23rD, 1906.
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be it ordained by the Genera_ Council of the city of Paducah, Kentucly.
See, 1.'T at Sectjon One of an ordinance, entitled, "An ordinance exempting;
neer mFsZufacturinE enterprises established in' the city of Paducah, Kentu.c'-y, i'rom
ti>e p9y; 81lt of any aclvalorem or license tax to.the city of Paducah f' or a period of
five years:" approved by the I:iayor June 23rd, 1906,-,be, and the same is hereby
amended by striking otit, the mords "or license" appearing in line eight thereof,
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and by striking out the vrorcts "and License" appearing in line eleven thereof, and 1
!by adding to said Section 1 the folio-wing vrords, to wit; "The exemption herein
igranted shall not apply to. any such manufacturing establisimient until such
imanufacturing establishment has begun operation in good faith",- so that said
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section ,,Then so ariended shall read as follows, to vcit;-
"section 1. T!rat Whereas, it is the desire of the City of Paducah, Kentucky,
to encoura-e t.:e establishment of, manufacturing enterprises in the city of Paducah,
�7ierefore.from and after tine passage, approval and publication of this ordinance all b
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:bona fide manufacturing enterprises hereafter establisl;.ed in the City of Paducah,
Kentucky, shall be exempted'rofa tile. p,ay_:iertt to the city of Paducah for e. period
of rive Nears from the &,te of the establishment of same, of any aclvalorem taxes, II
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subject, howeaer, to the follo"ring ronditaons, any one of which when violated,
'shall vitiate said right of exemption and subject said exempted property or
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Property
owner to the payment of advelorem taxes to the City of Paducah, I
tiaenceforth: �
(1) All of the property exempted ;From taxation must be o,77ned in fee simple i
by such ms,nufacturing company or enterprises.
(2) A7.1 of the property exempted must be used entirely and solely by said
msanu f.acturing company or enterprise for or in the manufacturing business carried
on by said company*
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(3'� Tile personal property exempted s.tiell be only the Fppliances, machinery, {
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eused in and by said marnia,.i'eturing establisiunetrt,
quipmeizt and appurtenances
and situated therein or thereon) and the products of such :manufacturing es-
ta,blisliment. The exemption herein gra ted shall not apply to F.ny such
manufactvring establishment until such manufacturing establis7-4crcnt has begun
operation in good faith." j
Sec , 2. That slic71 exemptions shall only be gr,�.nted by and vrith the consent
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for
exenptions shall be enrolled
of the General Council, an(' all motions sa.iri enrollment
by the City Clerks in the Enrollment iioo`k� after
anra.
record of same in,
tMrho shall make a
I shall be delivered to the Ass6ssorl anted shall take
exemption so
book to be kept for the purpose, and the �'
effect and be in'force from and alter the date of record by the
Assessor.
f.'fect and be in force from and
Sec. 3. This ordinance shall take e
after its passaFe, approval and publication.