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HomeMy WebLinkAbout2001-7-637893 ORDINANCE NO. 2001-7-3-% AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT FOR SERVICES BETWEEN THE CITY OF PADUCAH AND GREATER PADUCAH ECONOMIC DEVELOPMENT COUNCIL (GPEDC) WHEREAS, GPEDC is a non-profit organization charged with the economic development of Paducah and McCracken County; and WHEREAS, the services of GPEDC are for the direct benefit of the citizens of the City of Paducah; and WHEREAS, promoting investment and economic development in the Paducah area serves as a valid public purpose; and WHEREAS, the City of Paducah desires to contract with GPEDC for services to be described under the terms and conditions of a contract between the parties. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized and directed to execute a Contract for Services in the amount of $100,000, and other considerations, with Greater Paducah Economic Development Council (GPEDC). This contract shall expire on June 30, 2002. SECTION 2. This expenditure shall be charged to the following account: 001-1204-513-2307. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: e Ci Clerk Introduced by the Board of Commissioners June 26,2001 Adopted by the Board of Commissioners July 10, 2001 Recorded by Lenita Smith, Citylerk, July 10, 2001 Published by The Paducah Sun / D ord/contractlgpedc