HomeMy WebLinkAboutOrdinances Book 15, Page 26, No Resolution Number26/.
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A RESOLUTION AUTHORIZING THE MAYOR TO ENTER INTO, ON BEHALF
OF THE CITY OF PADUCAH, A CONTRACT WITH KENTUCKY MUNICIPAL LEAGUE
FOR THE COLLECTION OF DELINQUENT LICENSE TAXES FROM INSURANCE
CORPORATIONS, AND SETTING FORTH SUCH CONTRACT IN WORDS AND FIGURES
BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the Mayor be, and he is hereby, authorized
to enter into, on behalf of the City of Paducah, a contract with
Kentucky Municipal League in words and figures as follows:
"A G R E E M E N T
"STATE OF KENTUCKY
COUNTY OF McCRACKEN
This agreement made and entered into the day of February,
1963, between the KENTUCKY MUNICIPAL LEAGUE and the CITY OF
PADUCAH-,,KENTUCKY.
WITNESSETH: That for the consideration hereinafter set forth the
LEAGUE and the CITY agree that:
1. The League will make the necessary investigations and
collect unpaid, escaped and delinquent privilege or
occupational license taxes from corporations, .firms or
associations transacting insurance business in the City,
in accordance with the requirements of the Ordinance of
said City.
2. The City shall not incur any expense or liability in
connection with such investigation and collection except
as hereinafter set forth.
3. The League, at its expense, will write all necessary
letters and assume all other expenses incurred in the
collection of said license taxes.
4. The League shall retain 50% of the amount collected
for effecting the collection of such delinquent and
escaped privilege or license taxes and the balance of
50% of the gross amount recovered shall be forwarded to
the City periodically by statements to said City.
5. During the term,of this agreement the City shall notify
the League of any payments or compromise settlements
received by the City, of such delinquent license taxes
due from insurance corporations, firms or associations,
and forward any ocrrespondence received in connection
with such delinquent taxes to the League for handling.
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6. This agreement shall remain in full force and effect
until terminated by either party upon giving at least
ninety (90) days notice in writing to the other party.
KENTUCKY MUNICIPAL LEAGUE
BY
CITY OF PADUCAH, KENTUCKY
By
Mayor
SECTION 2. This Resolution shall be in full force and effect from
and after its adoption.
(21L" C2
Mayor
Passed by the Board of Commissioners February 19, 1963
Recorded by Sarah Thurman, City Clerk, February 19, 1963.
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