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HomeMy WebLinkAboutOrdinances Book 10, Page 435, No Resolution NumberPage 435 A RESOLUTION EXEMPTING FROM i.WNICIPAL TAXATION FOR A PERIOD OF FIVE (5) YEARS ME I.'l+ITUPACTURING BUSINESS AND PROPERTIES OF JONES PACKING COPSPANY LOCATED AT SECOND AND JACKSON STREETS IN I i THE CITY OF PAM CAH, IE-IITUCKY i WHEREAS, the Jones Packing Cn.mpany is engaged in the business of manufacturing packing house products at Second & Jackson Streets in the City of Paducah, Kentucky, and has made application for exemption from municipal taxation on its business and manufacturing properties at the above location; and, 7.HEREAS, 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 operation of such business in the City of Paducah, - NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COM1,11ISSIOI•IERS 0, THE CI`)f OF PADL'CAH, KENTUCKY: SECTION 1. That the business of the Jones Packing Company and all manufacturing properties owned and operated by it at the oorner of Secpnd & Jackson Streets in the City of Paducah, Kentucky, be exempt from the payment to the City of Paducah of -all license taxes and all ad valorem taxes for a period of five (5) years beginning with the year 1941. SECTION 2. This Resolution shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners, December 31, 1940 Recorded by Rudy Stewart, City Clerk, January 2nd, 1941