HomeMy WebLinkAboutOrdinances Book 10, Page 1046, No Resolution Number1046
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A RESOLUTION EXEMPTING FROI4 MUNICIPAL TAXATION FOR A
PERIOD OF FIVE (5) YEARS THE MANUFACTURING PROPERTIES AND BUSIIiESS
OF HAWAIIAN CRAFTS, INCORPORATED, AT 3RD & OHIO STREETS IN THE
CITY OF PADUCAH, KENTUCKY
WHEREAS, Hawaiian Crafts, Inc., has recently become the
purchaser of a certain lot or parcel of land located at the
Northeast corner of 3rd & Ohio Streets, and on said parcel of
land said company will establish and operate a plant for the
manufacture of china ware, and said company hav@ng made
application for exemption from municipal taxation on all of
its manufacturing properties and business; and,
WHEREAS, it appearing that the manufacturing plant of said
applicant is a bona -fide manufacturing enterprise and should be
exempt from taxation for a period of five (5) years as an
inducement to the location of said business in the City of Paducah
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE CITY OF PADUCAH, KENTUCKY:
SECTION 1.
That Hawaiian Crafts, Inc., and all manufacturing properties
owned by the said Hawaiian Crafts, Inc., at 3rd & Ohio Streets
in the City of Paducah, Kentucky, be exempt from the payment
to the City of Paducah of all license taxes and ad valorem taxes,
with the exception of taxes due and pajable for school purposes
for a period of five (5) years, beginning with the assessments
due in the year 1945.
SECTION 2.
This resolution shall be in full force and effect from
and after its adoption.
Passed by the Board of Commissioners, August 29th, 1944
Recorded by Rudy Stewart, City Clerk, August 29th, 1944