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HomeMy WebLinkAboutOrdinances Book 10, Page 1167, No Resolution Number1167 / A RESOLUTION EXL1.1-PTIM, h'ROM MUNICIPAL TAXATION ?OR A PERIOD OF FIVE YEARS THE DWIUFACTURING PROPERTIES AND BU:INESS OF SOL BRONSTEIN A11D 1IORL:A11 B:?ON3"EIN LOCATED AT 11TH A D BROADVIAY STREETS III THE CITY OF PADUCAH, Y.i3ITUCKY WHEREAS, a partnership firm composed of Sol inonstein and Norman Bronbtein has purchased lots Nos 15, 16 17 in Enders Addition to the City of Paducah, located at 11th ea Broadviay Streets in said city, and said property will be used for the operation of a plant in which ladies clothing will be manufactured, and the said Sol Bronstein and llorman Bronstein having submitted to the uoard of Commissioners their application_ for exemption from municipal taxation on all of their manufacturing properties and business; and, 7;VHEREA3, it a,pearin`; that the plant to be establishes by the applicant is a bona fide manufact:rin�-, enterprise and should be exempt from taxation for a period of five years as an enducement to the location of said business in the city of Paducah; 11M TiEREFORE, LE IT RESOLVED i'•Y THE ;:OARD OF CO i>:ISSIONERS OF THE C ITY OFiADUCAH, t'::.!l'UCKY: SECTION 1. That the business of Jol Bronstein and 'Iorman rronste4 located at the corner of 11th and :roadway Streets in Paducah, Kentucky, together with all manufacturing properties owned by them at said location, be and the same is hereby exempt from the payment to the City of Paducah of all license taxes and ad valorem taxes, with the exception of taxes due and payable for school purposes, for a period of five years beEinning with the assessment due in the year 1946. SECTION 2. Whis Resolution shall be in full force and effect fron and afte ids adoption. Passed by the uoard of Commissioners, bray 1st, 1945 Recorded by Rudy Stewart, City Clerk, Kay 1st, 1945.