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HomeMy WebLinkAboutOrdinances Book 15, Page 22, No Resolution Number22 / A RESOLUTION AUTHORIZING THE ACCEPTANCE OF A GRANT OFFER IN CONNECTION WITH PROJECT NO. APW-KY-44G FOR FEDERAL ASSISTANCE UNDER THE PUBLIC WORKS ACCELERATION ACT WHEREAS, there has been filed with the Government in behalf of the City of Paducah, Kentucky (herein called the Applicant) an appli- cation, Project No. APW-Ky-44G, for Federal assistance under the Public Works Acceleration Act, Public Law $7-658, and the UNITED STATES OF AMERICA, Housing and Home Finance Agency, Community Facilities Administration, acting by and through the Regional Director of Community Facilities Activities, has transmitted to the Applicant for acceptance a Grant Offer dated January 28, 1963 of Federal assistance in connection with the Project referred to in said application and described in said Offer; and WHEREAS, said Grant Offer has been fully considered in accordance with all pertinent rules of procedure and legal requirements, and made a part of the Applicant's public records; and WHEREAS, it is deemed advisable and in the public interest that said Grant Offer be accepted; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the said Grant Offer, a true and correct copy of which, including the Special Conditions and the Terms and Conditions, is hereto attached, be and the same hereby is accepted without reservation or qualification and be it further resolved that the Applicant will within sixty (60) days from the date of the Grant Offer furnish the Government satisfactory evidence that its share of the Project cost is available or that firm and binding arrangements have been entered into to provide such funds as they are needed to meet Project costs and that the Applicant agrees that its failure to do so will automatically cancel the Grant Offer and this Acceptance, thereby releasing the Federal Government from any and all claims or liabilities in connection with this Grant and/or Project. SECTION 2. This Resolution shall be in full force and effect from and after its adoption. Mayor �— Passed by the Board of Commissioners February 4, 1963 Recorded by Sarah Thurman, City Clerk, February 4, 1963.