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HomeMy WebLinkAboutOrdinances Book 7, Page 283, No Resolution NumberNo. , F Ordinance No. V/HEREvS, the Viest Kentucky Industrial College has been receiving an appropriation from the City annually for some years; and C;HERE-S, we deem this institution a worthy one, and realize that it is doing considerable good to educate, elevate and uplift the colored race; and WHEREAS, it is especially desired by the Trustees of this institution that this annual appropriation_ be continued so that the effect of it may be used in securing a donation from the State; and V,EERE.mS, this institution is now in need of immediate aid - therefore, BE IT RESOLVED that one hundred (.;,100.00) Dollars be appropriated to it, and said amount charged to the fund to be provided in the apportion ment ordinance under that head. PASSED BY THE i3OnnD OF COi:w'ISSI017ER3 JANUARY 15, 1917. RECORDED BY H. D. HENDRICE, CLyR%, J.YIIUARY 15, 1917. z RESOLUTION DIRLOTING A1,11, bUTIlOHIZING THE L,.iMR OF THE CITY OF PADUCAH TO E;�ECUTE NOTES UP THE CITY OF 1'nDUCtLh 1`62 THE SUI,i OF ONE HUNDRED THOM111) (.x100,000.00) DOLIRS, A:,rD 2LEDGIEG-1TICIPATED REVENUE OF THE CITY Or PADUC 111 FOR THE FIRST HA.,F UI' 1917 TO PAY Sid,:E. WHERE -S, the City of Paducah anticipates that it will need to l borrow the sum of One Hundred Thousand (x100,000.00) Dollars to pay the current expenses of said City for the first half of 1917, and ;,=,,' _S, the revenue of said City will not be available within sufficient time to meet said obligations - BE IT RESOLVED BY ^HE 30 -RD OF COI.U�ISSIONERS OF THE " CITY OF P.LDUCnii, =IiTUCY>Y: Section 1. That the Liayor is hereby directed and authorized to execute revenue notes for and in behalf of the City of Paducah,.dated January 17, 1917, due and payable six (6) months from date, in the aggregate sum of one Hundred Thousand (.;,100,000.00) Dollars, with interest thereon at the ntum per annum from maturity until paid, and to rate of six (6;4)) per ce secure the payment of which, when so executed by the i,iayor, the City of ,Paducah hereby pledges a sufficient portion of the anticipated current revenue of the City of Paducah for the first half of 1917 to pay said notes, together with any interest and costs attached hereto. Section 2. This Resolution shall take effect from and after its passage. PASSER BY i1E,'' BOnRD OF C01.11ISSIO LRS J diUnRY 15, 1917 RECORDED BY H. D. HENJRICR, CLE=, JAI+U_RY 15, 1917.