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HomeMy WebLinkAboutOrdinances Book 16, Page 816, No Resolution Number816 A RESOLUTION AUTHORIZING THE CORPORATION COUNSEL TO BRING A CIVIL ACTION AGAINST THE PADUCAH POWER SYSTEM FOR COLLECTION OF IN -LIEU -OF TAXES WHEREAS, pursuant to KRS 96.820 as amended in 1968, the City of Paducah and the Paducah Independent School Board billed the Paducah Power System for an in -lieu -of tax payment in the sum of $146,805.97 of which the City was to receive $62,166.29 and the School Board was to receive $84,639.38, and WHEREAS, the Paducah Power System has paid only $48,294.48 of which $21,978.52 is for the City of Paducah and $26,315.96 is for the Paducah Independent School District, and WHEREAS, the Paducah Power System is now delinquent in its full payment and has indicated a refusal to pay any additional amount because of a contractual relationship with the Tennessee Valley Authority, NOW THEREFORE, BE IT RESOLVED -BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Corporation Counsel be, and he is hereby, authorized to file a civil action on behalf of the City of Paducah, with or without the participation of the Paducah Independent School District, against the Paducah Power System for the purpose of recovering the balance claimed due as an in -lieu -of tax payment from the Paducah Power System to the City and School District. SECTION 2. This resolution shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners December 10, 1968 Recorded by Sarah Thurman, City Clerk, December 10, 1968.