HomeMy WebLinkAboutOrdinance Book 18, Page 582, Ordinance Number 74-5-975ORDINANCE NO. 74-5-975
AN ORDINANCE AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE
AN AMENDED COOPERATION AGREEMENT BETWEEN THE CITY OF PADUCAH AND THE
URBAN RENEWAL AND COMMUNITY DEVELOPMENT AGENCY OF PADUCAH, KENTUCKY,
PERTAINING TO THE AMENDED REVISED APPLICATION FOR THE FOURTH ANNUAL
INCREMENT, NEIGHBORHOOD DEVELOPMENT PROGRAM FOR PROJECT NO. KY. A-2
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH, KENTUCKY:
SECTION 1. That the Mayor and City Clerk be, and they are hereby,
authorized to execute an Amended Cooperation Agreement between the City of Paducah
and the Urban Renewal and Community Development Agency of Paducah, Kentucky,
pertaining to the amended revised application for the Fourth Annual Increment,
Neighborhood Development Program for Project No. Kentucky A-2, which said proposed
amended agreement was filed with the Minutes of the Meeting of the Board of Com-
missioners on April 30, 1974, and the text of which Amended Agreement is incorporated
herein by reference.
SECTION 2. The City of Paducah agrees to appropriate the funds required
for cash grants-in-aid as set out in Section 1 of said Amended Cooperation Agreement,
and the City of Paducah agrees to be contingently liable for the sums associated with
Section 2 of said Amended Agreement.
SECTION 3. An emergency is declared to exist and this ordinance shall
therefore be introduced and remain on file for at least one week for public inspection
in the completed form in which it shall be put upon its final passage, and if adopted
shall be in full force and effect immediately thereafter.
1
Mayor
Introduced by the Board of Commissioners April 30, 1974
Passed by the Board of Commissioners May 7, 1974
Recorded by Sarah Thurman, City Clerk, May 7, 1974.