Loading...
HomeMy WebLinkAboutCCMPacket2014-03-11ROLL CALL INVOCATION PLEDGE OF ALLEGIANCE -FIs. McCall Hutcheson, Clark Elementary 5`h Grader ADDITIONSMELETIONS REPORT: Wallace Park Project -- J. Hodges I. MINUTES II. MOTIONS A. R & F Docu vents III. MUNICIPAL ORDERS A. Personnel Actions B. Law Enforcement Service Fee Grant — S. ERVIN ; IV. ORDINA.\ CES — ADOPTION A. 2013 U.S. Bulletproof Vest Partnership Grant Award — ASST. CHIEF GRIMES B. Authorize Chane Order #1 forthe Ohio River Boat Launch Project — R. MURPHY C. Closure of a Portion of RidgewDDd from Topeka to Olympia — R. MURPHY D. Closure of a Portion of an Aller from Bethel toward Main Street I — R. MURPHY V. ORDINANCES — INTRODUCTION A. Authorize Contract for Compost Grind ina, — R. MURPHY B. Purchase In -Car Cameras & Semer for Police Dept. — POLICE CHIEF BARNHILL C. Approvat of Deed and Assignment of Lease From IDA to City and County for the MACCO Or-anlques BUtlding I i - CITY MGR PEDERSON D. Interlocal Agreement between City, County & GPEDC for Appointing GPEDC As Project Manager for Renovations to the MACCO Organiques Building - CITY NIGR PEDERSON VI. CITY MAINAGER REPORT VII. MAYOR & COXLtiQSSIONER CO-WMENTS VIII. PUBLIC COMMENTS IX. EXECUTIVE SESSION k1ARCH l L 201-1 I move that the following documents be received and filed: DOCUMENTS t. Certificates of Liability Insurance a. Circle P Enterprises, LLC b. Ivi P Lawson Construction, LLC c. Wilkins Construction Company, Inc. d. Ray Black & Son, Inc. Agreements/Contracts: a. Grant Agreement with the Office of Homeland Security for the acceptance of the 2013 Homeland Security Grant Award for Police Department Hand -Held Radios (ORD # 2013-11-8096) b. Hotel Development Agreement with Paducah Convention Hotel for the construction of a hotel in Downtown Paducah (ORD # 2013-12-8108) c. Mediation Agreement with Aquatic Renovation Systems for the Noble Park Pool Rehabilitation Project (ORD # 2012-11-7993) d. Change Order # l with Aquatic Renovation Systems for the Noble Park Pool Rehabilitation Project (ORD # 2012-11-7993) e. Communications System Agreement with Motorola Solutions for Hand-held Radios for the Paducah Police Department (ORD 1#2014-02-8116) f. Cooperation Agreement with The United States of America Department of the Army for the Rehabilitation of a Federal Flood Control Work (ORD # 2013-01- 8110) Agreement with The Federal Materials Company, LLC for the 201=4-201 Concrete Ready -Mix Contract (ORD # 201=1-02-$1 21) h. Agreement with [CA Engineering, Inc. for professional inspection services for the Greenway Trail Phase 11 Project (ORD # 2014-01-8120) i. Agreement with the Professional Fire Fighters of Paducah. Local 168, International Association of Firefighers for FY 201-1-2017 (ORD # 2014-02- 8119) j. Agreement with The Paducah Police Department Bargaining Unit for FY 2014- 2017 (ORD # 2014-02-8118) Paducah Water Works Financial Highlights for January 201 .4 4. Paducah Housing Authority Report on Examination of Financial Statements and Supplemental Data for the year ended March 31, 2013 BIDS for Engineering -Public Works COMPOST GRINDING OF TREE DEBRIS AND YARD WASTE 1. Central Paving Co.* 2. Agricycle, Inc. 3. Environmental Wood Recycling (Bid rejected) '"denotes winning bid CITY OF PADUCAH March 11, 2014 Upon the recommendation of the City Manager, the Board of Commissioners of the City of Paducah order that the personnel changes on the attached list be approved. City Manager's Signature Date CITY OF PADUCAH PERSONNEL ACTIONS March 11, 2014 TERMINATIONS - FULL-TIME (FIT) POSITION REASON EFFECTIVE DATE POLICE OPERATIONS Collins Jr, Henry Patrolman Resignation March 24, 2014 Agenda Action Form Paducah City Commission -Meeting Date: 1 1 ivtarch 2014 Short Title: 20t4-2015 Law Enforcement Service Fee (LSF) Grant Application ❑Ordinance ❑ Emergency ® ;\Municipal Order F-1Resolution F1 'Motion Staff Work Bv: Captain Jason 1Me1rick, Sheryl Chino Presentation By: Chief Brandon Barnhill, Steve Ervin Baek2round Information: The Police Department desires to submit a Law Enforcement Service Fee (LSF) Grant Application to the Kentuch? Justice Cabinet in order to operate a one year DUI Enforcement Program. The LSF program will reimburse the city for 100% of approved overtime personnel costs. mileage up to 1.00 miles per eight (8) hour shift. The Department proposes to submit an application for 150 hours of overtime for 11 officers at a rate of 556.00 per hour. The Paducah Police Department is requesting $8,400 from the 2014-2015 LSF program. No match is requited. The grant period «ill be July L 2014 to JLne 30, 2015. If an award is offered it will be brought before the Commission for consideration. if the Commission chooses to support this grant application, it must authorize and direct the Mayor or i'vlavor's designee to sign all required grant application documents. Goal: ❑Strong Economy ® Qualit)' Services❑ Vital Neighborhoods[] Restored Downtom tis Funds Available Account Name: Account Number: Project Number: Staff Recommendation: Approval Attachments: Department Head Ciry Clerk City Manager Finance %tL'NICIP--\L ORDER NO. A MUNICIPAL ORDER _AUTHORIZING THE LIAYOR TO EXECUTE AN ,APPLICATION .-SND .ALL DOCUMENTS NECESSARY" TO OBTAIN A 3014/2Ot5 LAW ENFORCEMENT SERVICE FEE GRANT LNAN AMOUNT OP TO S8.400.00 FROM THE KENTUCKY" JUSTICE CAB(.NET FOR THE PADUCAH POLICE DEPARTMENT TO OPERATE A ONE-YEAR DUI ENFORCE,\,,IENT PROGRAM BE IT ORDERED BY" TIME CITY OF PADUCAH. KENTUCKY: SECTION I. The Mayor is Hereby authorized to execute an application and all doCnnletab necessary to obtain a ?01-1/'_015 Law Enforcement Service Fee'2raiit in an arnoru1t up to 58.400.00 from the Kentuckv Justice Cabinet for the Paducah Police Department to operue a one-year DUI Enforcement ProLram. SECTION _'. This order will he in full force and effect from and .atter the hate of adoption Ma% or ATTEST Tanimara S. Sanderson. City Clerk ,adopted bN the Board of Commissioners, March 11, 2014 Recorded by Tamrnara S_ Sanderson, City Clerk. %larch 11. ?014 ? 'mo`�rants`police-?011- 01i 1a%k enforcement ser% ce tee '�1l 1 Agenda Action Form Paducah City Commission Meeting Date: 4 March 2014 Short Title: 2013 US Bulletproof Vest Partnership Grant Ordinance ❑ Emergency �J Municipal Order ❑Resolution 'Motion Staff `York By: Stacey Grimes, Sheryl Chino Presentation By: Asst. Chief Stacey Grimes: Steve Ervin Background Information: The U.S. Department of Justice (DOJ) Bulletproof Vest Partnership Grant Program, an online application, provides a maximum 50% reimbursement for the purchase of body armor for police. The City has received over 546,000 from this grant program in the last several years. This year the police department has been awarded $7,43.61 for the purchase of new Paraclete - FLX-IIIA vests for the SWAT Team. The SWAT Team vests currently being used have reached the end of their recommended life and the cost to replace these vests is S 1,336 each. This grant requires a 50% match, therefore, matching funds in the amount of $7,435.61 will be provided through the police department's 2014 Operating Budget. The total project cost is $14,87 1.22), The Commission pre\.iously approved the submittal of the grant application under Municipal. Order 1723. The grant requires authorization by the Paducah Cite Commission to allox-v the '110ayor to execute all grant related documents. Goal:❑ Strong Economy Quality Ser,,ices❑ Vital Neighborhoods❑ Restored Do«ntmns Funds Available: Account Name: 2013 DOJ BVP Project Number: PO0078 Finance File #: 6.255 Account Number: 040-1616-321.23.07 CFDA Number: 16.607 Staff Recommendation: Approval Department Head City Clerk Cit\. Manager Agenda Action Form Paducah City Commission Meeting Date: February 28, 2014 Short Title: Authorize Change Order 91 with Jim Smith Contracting Co., LLC, for the Ohio River Boat Launch Project Ordinance ❑ Emergency ❑ Municipal Order rl Resolution ❑Motion Staff Work By: Angela Weeks, EPW Proj Mgr Presentation By: Rick Murphy, P.E., City Engineer -Public Works Director Background Information: On April 20, 2013, Ordinance #2013-04-8028 was adopted authorizing the Mayor to execute a contract with Jim Smith Contracting Co., LLC, in the amount of $2,588,465.78 for construction of the Ohio River Boat Launch Project. This Project was bid on a "Unit Price" basis and NOT "Lump Sum." During construction of the Project, it was determined that adjustments regarding various construction quantities were necessary. Upon final reconciliation and tabulation of all construction items, the final contract amount increased by $17,139.83 which is a 0.66 % increase above the original contract amount. Therefore, the new contract price will be $2,605,605.61. The Contractor has completed all items of the contract responsibilities and this reconciliation Change Order reflects all final quantities utilized on the job site. The Project Account (PF0039) has sufficient funding to cover this expense. If approval is granted by the Board of Commissioners, this Change Order documentation will be forwarded to the Kentucky Transportation Cabinet Office of Local Programs (KYTC- OLP) for official execution by the required KYTC representatives as required by the FHWA grant LPA process, Goal: ❑Strong Economy ®Quality Services ❑Vital Neighborhoods ❑Rest d Downtowns Funds Available: Account Name: Ohio River Boat Launch 2121 Zo ! Account Number: 040-3315-532-2307 PF0039 Finance Staff Recommendation: To adopt an Ordinance authorizing the Mayor to execute Charge Order 91 for the Ohio River Boat Launch Project authorizing the contract to be increased by $17,139.83. Therefore, the new contract price will be $2,605,605.61. Attachments: Original Ordinance, Change Order #1 1 2 c Departp6ent H d City Clerk City Manager Agenda Action Form Paducah City Commission Meeting Date: February 25, 2014 Short Title: Closure of a Portion of Ridgewood Street between Topeka Avenue and Olympia Avenue ®Ordinance ❑ Emergency ❑ Municipal Order ❑ Resolution ❑ Motion Staff Work By: Angela Weeks, Engr Proj Mgr Presentation Bv: Rick Murphy, P.E., City Engineer -Public Works Director Background Information: The following adjacent property owners have submitted an executed application requesting that a portion of Ridgewood Street between Topeka Avenue and Olympia Avenue closed: • Higdon Development, Inc. • David and Kristie Stuber • Ronald and Shirley Hagan • Charles and Linda Hayden On February 17, 2014, the Planning Commission held a Publio. Hearing and made a positive recommendation to the City Commission for this closure. All of the utility companies have agreed to this closure with utility easements not being required. Goal: ❑Strong Economy ❑Quality Services ®Vital Neighborhoods ❑Restored Dok nto%ns Funds Available: Account Name: N%A Account Number: Finance Staff Recommendation: To adopt an ordinance authorizing the closing of a portion of Ridgewood Street between Topeka Avenue and Olympia Avenue be closed and authorizing the Mayor to execute the plat and all necessary documents to complete the transfer of property to the adjacent property owners. Attachments: Original Street Closure Application, Proposed Closure Plat, Public Hearing Notice, Planning Corrunission Resolution 15 FA Depart en H City Clerk City Manager FA Agenda Action Form Paducah City Commission Meeting Date: February 28, 2014 Short Title: Closure of a Portion of an Alley from Bethel Street toward Main Street ®Ordinance ❑ Emergency ❑ Municipal Order ❑ Resolution ❑ Motion Staff Work By: Angela Weeks, Engr Proj Nlgr Presentation By: Rick Murphy, P.E., City Engineer -Public Works Director Background Information: The following adjacent property owners have submitted an executed application requesting that a portion of a 15' Alley from Bethel Street 132' in a northerly direction toward Main Street be closed: .Fraternal Order of Eagles Douglas and Sue Ingram On February 17, 2014, the Planning Commission held a Public Hearing and made a positive recommendation to the City Commission for this closure. All of the utility companies have agreed to this closure with a 15'00' Public Sanitary Sewer Easement being required as shown on the plat. Goal: ❑Strong Economy ❑Quality Services ®Vita[ Neighborhoods ❑Restored Downtowns Funds Available: Account Name: N/A Account Number: Finance Staff Recommendation: To adopt an ordinance authorizing the closing of a portion of a t5' Alley from Bethel Street toward Main Street be closed and authorizing the Mayor to execute the closure plat and all necessary documents to complete the transfer of property to the adjacent property owners. Attachments: Original Street Closure Application, Proposed Closure Plat, Public Hearing Notice, Planning Commission Resolution Depa nt ead City Clerk City Manager Agenda Action Form Paducah City Commission Meeting Date: March 11, 2014 Short Title: Compost Grinding of Tree Debris and Yard Waste Contract ®Ordinance ❑ Emergency E] Municipal Order ❑ Resolution ❑ Motion Staff Work By: Angela Weeks, Engr-Pub Works Proi Mgr Presentation By: Rick Murphy, P.E., City Engineer -Public Works Director Background Information: On March 6, 2014, sealed bids were opened and read aloud for the Compost Grinding of Tree Debris and Yard Waste Contract. This contract requires the Contractor to periodically furnish all equipment, operator, tools, transportation, supplies and items necessary on an as -needed basis to grind and stack all accumulated tree debris and yard waste collected at the Compost Facility at a contract hourly rate. Two responsive bids were submitted with Central Paving Company of Paducah, Inc., submitting the lowest evaluated bid at an hourly rate of $524.00 per hour for this work. The contract time will be for the remaining portion of the 2014 calendar year with three optional one-year term renewals if both parties agree. Goal: ❑Strong Economy ®Quality Services ®Vital Neighborhoods ❑Restored Downtowns Funds Available: Account Name: Misc. Contractual / Rental3 7/,�j/ Equipment — Solid Waste Fund Finance / Account Number: 050-2211-531-2401 Staff Recommendation: To receive and file the bids and adopt an Ordinance authorizing the Mayor to enter into a contract with Central Paving Company of Paducah, Inc., for Compost Grinding of Tree Debris and Yard Waste at an hourly rate of $524.00 for the remaining portion of the 2014 calendar year, and to authorize the Mayor, subsequent to the recommendation of the City Engineer -Public Works Director, the option to execute three optional one-year term renewals upon the mutual agreement of both parties. Attachments: Bid, Bid Tab, Advertisement, proposed Contract e 4/ Depa e H City Clerk City Manager I ORDINANCE NO. 3014 -3 - Ali ORDINANCE ACCEPTING THE BID OF CENTRAL PAVING COMPANY FOR COMPOST GRINDING OF TREE DEBRIS >,ND YARD WASTE. AND AUTHORIZING THE tMAYOR TO EXECUTE A CONTR-XCT FOR SAME BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION L The City of Paducah accepts the bid ofCentral Paving Company for compost grinding of tree debris and yard waste in the amount of 5524.00 per hour for the remaining portion of the 2014 calendar year and with three optional one- year term renewals. Said contract is in substantial compliance with bid specifications. advertisement for bids, and bid of Central Paving Company dated March 6.'_014. SECTION 2. The Mayor is hereby authorized to extcttte a contract between the City of Paducah and Central Paving Company for compost grinding of tree debris and yard waste as set out in Section l above. Further. the Mayor is authorized, subsequent to the recommendation of the City Manager, the option to execute three optional one-year term renewals upon mutual agreement of both parties. SECTION 3. This expenditure shall be charged to the Miscellaneous Contractual/Rental Equipment - Solid Waste Fund account. SECTION 4, This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor ATTEST: Tammara S. Sanderson. City Clerk Introduced by the Board of Commissioners, klarch It. 2014 Adopted by the Board of Commissioners. March 25, 2014 Recorded by Tammara S. Sanderson. City Clerk, March 25. 3014 Published by the Paducah Sun. \ord\p%%orks\contract-compost grinding 3-2014 a g O CD W O1 7 — th c o0 U, CD o �• o. c), C7 3mW a 3 T c v O 0 0 0 y N UI n 0 3 b O N O 7 O. 7� (Q 0 m v M 6 N� 01 Q. 0) CL v N eD m - Ln Ln 3 °'m x, 77 Q a a CSD 07 N 0 a < CD m m 1 u-)� = m. S m m cn m o m Q n o Q p a c '' co (D � $' m cf, �-Ln C1 o p m N 0 y (D o D c (D = W n � � � v P Q O w 0 (D cD s _ — O a n 7J � v D O. _ 3 � S N cn "{� N 0 (D ro v O a� Ln(77 O 3 n O O O > 3 W p � j W IQ O 'S1i`y v�k �s co O N < O N O — a (0 W W !O n z O rn o m m Di A x i(l p O coo N O N rn N A) D C o (D S ro 3� O 3 �', O A <CD (OJ W O O7 m � 00 o � a Co < �co CD o M O 70 CD n n 3 D O N < x CD o Q a Z 0 0 O O O O c \j rn N a CL C 3 y t < 3 o � O, v s r n 0 3 b O N O 7 O. 7� (Q 0 m v M 6 N� 01 Q. 0) CL v N eD 0030 OWNER EVALUATION FORM PAGE 1 OF 1 CITY OF PADUCAH, KENTUCKY ENGINEERING -PUBLIC WORKS DEPARTMENT OWNER EVALUATION FORM PROJECT: Compost Grinding of Tree Debris and Yard Waste DATE: 3 - -i' - I `i BIDDER; I�reNTiA) P4.jv pa Gradinq Criteria: Evaluate the Bidder's Criteria on a rated value scale: 0 = the lowest value to 10 = the highest value for each item listed below. Rating x Weighted Percent =Criterion Score The Sum of all Criterion Scores shall be the Owner's basis of the Bidder's Overall Score. GRADING CRITERIA [NO- CRITERIA ITEMS RATING VALUE (0- 10) WEIGHTED - PERCENT CRITERION SCORE 1. Hourly Rate 16 40% y0a 2. Grinder HP 16 20% a 00 3. Grinder Screen Size t o 20% a o 0 4. Stacker Height I o 20% aoo 5. 6. 7. 8. 9. 10. BIDDER'S OVERALL TOTAL SCORE 1000 PREFERENCE TO KENTUCKY BIDDERS 1. Bidder is a resident of the following state: Ke k-ruc.IT_ 2. If Bidder is a non-resident of the Commonwealth of Kentucky, indicate if any preference is given by the resident's state: 3. Addition of any reciprocal preference for resident bidders: C0330 OWNER EVALUATION FORM PAGE 1 OF I CITY OF PADUCAH, KENTUCKY ENGINEERING -PUBLIC WORKS DEPARTMENT OWNER EVALUATION FORM PROJECT: Compost Grinding of Tree Debris and Yard Waste DATE: _ 3 } Lj BIDDER: j4Qric.vc.t,e :Lmc Evaluate the Bidde>'s Criteria on a rated value scale: 0 = the lowest value to 10 = the highest value for each item listed below_ Rating x Weighted Percent = Criterion Score The Sum of all Criterion Scores shalf be the Owner's basis of the Bidders Overall Some. GRADING CRITERIA NO. CRITERIA ITEMS RATING VALUE (0-10) WEIGHTED - PERCENT CRITERION SCORE 1. Hourly Rate 40% aDO 2. Grinder HP I o 20% aoo 3. Grinder Screen Size ld 20% ao6 4. Stacker Height I 20% a o0 5. 6. 7. 8. 9. 10, BIDDER'S OVERALL TOTAL SCORE VQQ PREFERENCE TO KENTUCKY BIDDERS 1. Bidder is a resident of the following state: N;55606 2. If Bidder is a non-resident of the Commonwealth of Kentucky, indicate if any preference is given by the resident's state: 3. Addition of any reciprocal preference for resident bidders: Z c C' N C L In C N In •c V a NDE j.L N D m L L O N CO C V G= N U L W .0 . c _nn03pmmF--3�asa �ao°'mQaro�Eoc s�=drt`d ¢ Q>'a-0°�oa'3- m�Ha1 »E`oo.r>ri'0 Loo»oa -Sol: dna ' Cm 3^c-�G.p Oai asLyE O�Q'3DG U-tna -CL7 �Oi mU x-00 Zmrn0OL�a 41 ai 'd O- O7 N U dm _0.w--nD3 Y OI�mC�Idmp�UinNp.liCO �- cma a)U OCN LNNa/ac COdU U�.-. O -U mm Gm 3ja c mal U ^?='c N o.`a»: m^� >o3ooN =noo1� ELOLL3 � 0 -80 t (r)cU :-0a1�O1 mc�o,00v,m=djyomcOco"c .o,. �r o;clic EZmOrjo ¢co U D',4 _0 ° o�E�=-`0unn=a>Yyccaoy�o CL w�EatmalE�mc,oa=cnmo-woo=D���~`yn�E���-c 'Cu oLL m co-�;aooLn =c tnmDo od-tyalmal c1o�0- m� Zo- mc�m�,UOUv1=aNHW�3a(90�Uman�UaU1nY�Eern�3mrnEU�Oo N -n C D N Cv '(..• '+'.1J} -' --,-1I} . -_ Ua:NccN)�mmcc Lm�° 331Ud�mr`op1�id)�x_�prn�mWm�Oc��osE`33<ta31 �%y1�-dmQv",-Y�DE-ad}'3'�--rtr_1n°=ac0 ~aMn wQ a�x_t`T6 WaW o8c°E?°ur`oma0oE��do n . 'd6P:-OWLL Ooiao"o 0 no yayon..0 io�EoW:E: a�nZ3 Cc Ka. ac --CC=-- p - oNaET¢ , py�acGVl U�dTtG>dl Zynn U Lu dYc�01O�aLLJ aimEY cOaa°ainwnwi0.,bW Z56 &6 NONmOC m r N :2 4) LU-mm4) �'d02aC -0mtiv�to 3�LN ¢6C 3 011 c 0U?ca C=y INOE a1O - LLEm>.7EoOLLQa- rAoa1o1 �-IV0°—^�O-rrim WmZmv ZW�x~wmomU a0id0Ea/l1 i_.Z a1O i0DO00 a Cc- ¢LL TW Ta NF Ua�J OIU OD dr ' + 1 tiwEN OEn WN >aCL d�6z=a�-0 J% u; — O�� aOFE�ENx�nom C7�2Na0i-a'`°iO�-a:NN�� �V-N U' wZatEN T4/NU-3=^V) O.O m>'OOc - - o O) -a LLDNV ono an - .a cW rnLLoEat�oc`m'oc X -a LLot� �� ,z N� d nN N m �.� U N OLL N� - X m ��LL'N OD _.-..ti m , `ow<i-y°jcEcw3mmo Uo - N°n> 14 / 4 o o. O y T0.id O'OL aim OO c OID Z N y0 61 �' ; I � � =dE �• mom �Ccci�E� dN•°:-rte Oidsu o>� + + r'.' 4 a oar Onod•-m 0aco"dmao ~c�i'lu— o �r OCiv Ca I m 6 Luc wowOmomo oo ~E 33 mCN U)0.2 Ww-LLE��GW ofCJm3-0 = NO N :e6NJi Nei _ vires .CNO m Ven>,Cl ( .VC" N -O i:s O N 7 N �+ p _ X113 C09 @- m cls p•^ iC LL^ c as O 30L O^ _ r iL z s 4C= 1 m Cl) CO m t- Rt Z aeras �� � a I 0 m u�i = o N � c'0ato o m ui v_ O = p .� Ob ;03 do1u1 - >_� Canooco� ain mea I�Y c -jiv >`� E s.A i� 1 N of O Q 6N •e a1 m T= N N T t9 m �^ Z ome S �- c ._ y ,_ O CO I 3� — o ONi-IOda) - ¢�v�= �O Q C3 a rn m N — a o,la E N 3 vC W -Oi E¢ LL¢ m v�fL — m e V aid m y atm f ~�1 ui Co no d x a3 0' O a) N N 10 O u. do 80 ::i Q Co NCC m0)� dm CC" 0061 O)N rA¢V N ZL� Z NOOD c m ria>==rcmd� g3E gryaD U C7 2�OU�� W O -Nd p'0` OWIAN m� ori oad 01114 Em xmco o m E f�D _ t` In I� m m J 9 QO o9 _ a6c; mW n} -YY --to n� �md cd6 . uao o� `o.a NN �3a>-N n¢ y+ ¢ NcL J U'm U x le- (026 _ ma 0E ao� ZEN a,E co + LL m3 ->SN a1 .0' O C m ._ = T-' 41 V 60N u) -6 - d 00 d>Qomalm= 06Ccq , •aw Ot-- 0- m Y c0 m N m CC W (L> c '` ID c a a)mL p� - Qd)0En f0� ~m O a' F- m �Q Oa3 Uo W �LL>Np _ a6 �(E PI N`�¢o t9 OO'd @ am21 c= mrn�Ld-man a3ocm ¢o. m Ec-�+I00 00>rn oD ? ntoy�m`�o o�c- cvoccccaD �r¢a 104�a -co p V a CC y c OEs -N ���N N cGh N Q.3 0 COL °6YIn 1361- m -o mat- n4 0>.- °> 0E- ¢ m... -O >(d .� �Od 7(/ - ¢ m O�cO `.. Q,dLL N 4) moo oroca n �N 3�C7m mUOu) to Wr, Z V O1� C �.Nxm al o QC am y G •'•�ZN 69 ViM cv ALN ui t^ 00 M ai aCo 6Yc } o ,r n - -6c o CLcO -cawDs , a W ¢ .c ? c m a1 - �m�c�,) nam m tea O Ulm -N co cn o c�.� Q.O yy ot���co� U�s"N . uao ,cc7�N ENo �LLm� I'dDo V,� aiZg CL >- 0) o E ,�- N N V p00V y z -L,^ E -LL M G(03:C00-a= p Jap Q.0 0» WQ- OLn Wmp �OLil C.InT _ = NV ZEN HQ �yO Er�0 =NO LO ZO},..0 -j in N♦- NQ'6 Cn�jE >'ts0 DcU) Q¢U mtD _ OD dO CC �YC.7 ¢Um Cn7W,-j-cmm0 Nm Q - UYU cc �U 1j U'� Nu) �0_CD MN7Lo Q!.S =O>y Om,O > -) ID UCn3a� Q CO a ycln '2 �mx� > OO Z M NO3 .y 0 _ Ni%S Vi tum` Cc 10 — — o orad YWdv Ltfa -� Q=N o eco r. �0M LL Ef0 CDD DE6) NL 111 p`N �0003 L y- Zoo atm oto cc 'S ��J0 �v M n Nm`v r -E Ou,N m�1cn N _ zo3 LL o c31m� Q n V; fi o p o v OcmT = Cli ZOmao U .yo M7i0 oU) >c y i'Sm0 � Q gm> fCr � u`uuou� 0 V 0 L y nog�� a�3E, syLy �H nN c c'�gAm� 7yooU a � O Q� a L wr •,1r»pn C� ..vnu:.i� Rnry :Q u�0 - 40 -1m` -L ti9 Ln CO s• E CD CL I ! N 10) (0 I 'IT r M U) to CA i -;r- CV 00 (0 c') Mm,Lo (DI\m V Q N r Ma0 (O O m'(o.r U) N 1* n �iv);Do r- 0) c C0 ! CIC d' Cl) Cn r 00 a �I00 00 CON r wr •,1r»pn C� ..vnu:.i� Rnry :Q u�0 - 40 -1m` -L ti9 Ln CO s• E 00500 AGREEMENT Page i of 2 CITY OF PADUCAH, KENTUCKY ENGINEERING -PUBLIC WORKS DEPARTMENT AGREEMENTFOR COMPOST GRINDING OF TREE DEBRIS AND YARD WASTE THIS AGREEMENT, made this day of , 2014 by and between the CITY OF PADUCAH, hereinafter called the OWNER, and CENTRAL PAVING COMPANY OF PADUCAH, INC., hereinafter called the CONTRACTOR, for the consideration hereinafter named, agree as follows: ARTICLE 1, SCOPE OF WORK The Contractor agrees to periodically furnish all equipment, operator, tools, transportation, supplies and items necessary on an as -needed basis to grind all accumulated tree debris and yard waste collected at the Compost Facility at the approved contract hourly rate. The Contractor will also be required to stack the finished mulch product by utilizing a Stacking Conveyor. All work shall be completed in accordance with the Specifications and the Addendum #1 prepared by the Owner. Throughout the performance of this Contract, the Engineering -Public Works Department of the City of Paducah shall, in all respects, be acting as both Engineer and agent for the Owner. All work done by the Contractor shall be completed under the general supervision of the Engineer. ARTICLE 2. CONTRACT TIME This Agreement shall be binding upon the City and the Contractor, his partners, successors, assigns, and legal representatives for remaining portion of the 2014 calendar year ending December 31, 2014. The term of the contract may be renewable for three additional one-year terms, ending at the end of each calendar year on December 3151, upon the mutual agreement of both parties. The City Engineer - Public Works Director, acting as agent for the Owner, shall determine, in his sole discretion, the Owner's option to renew. Neither the City nor the Contractor shall have the right to assign, transfer, or sublet their interests or obligations hereunder without consent of the other party. ARTICLE 3. THE CONTRACT SUM The Owner shall pay the Contractor for the performance of the Contract Five Hundred Twenty Four Dollars and no cents ($524.00) per hour, as quoted in the Bid Proposal by the Contractor dated March 6, 2014, and as approved by the Board of Commissioners on by Ordinance 2014 - ARTICLE 4. PAYMENTS The Contractor may submit a Request for Payment subsequent to satisfactory performance of the required Work in accordance with all of the provisions thereof and upon approval by the Owner. The Owner agrees to make Payment to the Contractor within Thirty (30) days after receipt of a properly completed invoice. The Owner reserves the right to withhold any of all payments or portions thereof if the Contractor fails to perform in accordance with the provisions of the contract. Contract prices are firm and will not be altered during the Contract period. The Contractor agrees that no minimum amount of purchase shall be required. 00500, AGREEMENT Page 2 of 2 ARTICLE 5. GOVERNING LAW The Parties agree that this Agreement and any legal actions concerning its validity, interpretation and performance shall be governed by the laws of the Commonwealth of Kentucky. The parties further agree that the venue for any legal proceeding relating to this Agreement shall exclusively be in McCracken County, Kentucky. ARTICLE 6. THE CONTRACT DOCUMENTS The Specifications and any Addendum that may have been issued are fully a part of this Contract as if thereto attached or herein repeated. IN WITNESS WHEREOF: The parties hereto have executed this Agreement, the day and year first above written. CENTRAL PAVING CO. OF PADUCAH, INC BY _ TITLE ADDRESS: Post Office Box 3230 Paducah, Kentucky 42002-3230 CITY OF PADUCAH, KENTUCKY BY Gayle Kaler, Mayor ADDRESS: Post Office Box 2267 Paducah, Kentucky 42002-2267 Agenda Action Form Paducah City Commission Meeting Date: March 11, 2014 Short Title: Purchase In -Car Cameras and L3 Server Repairs ®Ordinance ❑ Emergency ❑ Municipal Order ❑ Resolution ❑ Motion Staff Work By': Assistant Chief Stacey Grimes Presentation By: Chief Brandon Barnhill Background Information: Over the past several years, the police department has equipped its marked police cruisers with in -car cameras. The cameras have proven their worth time after time by providing evidence for court proceedings and quelling complaints of alleged officer misconduct. Digital cameras have slowly replaced the old VHS cameras. Content from the digital cameras is downloaded directly to a dedicated server housed in the police department. That server now is about seven years old and out of warranty, and in need of replacement. We can purchase a new server, required software and installation from L3, the manufacturer, for $15,102. Additionally, we would like to purchase two in -car camera systems to replace the last two old VHS systems. The two new systems will cost S 10,121. Both purchases are sole source from L3 Communications: the cameras to match existing equipment, and the server to coordinate with all the camera systems currently on the street. Goal: ❑Strong Economy ® Quality Services[] Vital Neighborhoods❑ Restored Downtowns Funds Available: Account Name: Electronic/Surveillance Equip. Account Number: 001-1602-521-4215 Ft a % Staff Recommendation: Approve the sole source purchase of two L3 in -car camera systems and a new L3 server from L3 Communications for a total of $25,223. Attachments: Department Head City Clerk City Manager ORDNANCE NO. 2014 -3 - AN ORDINANCE AUTHORIZING THE FINANCE DIRECTOR TO PAY L-3 COM,MUNICATIONS (NMOBELE VISION) FOR THE SOLE SOURCE PURCHASE OF DIGITAL I` -CAR CAMERAS AND ,A NEW SERVER WITH REQUIRED SOFTWARE AND INSTALLATION TO BE USED BY THE P.ADUCAH POLICE DEPARTMENT AND .AU"rHORIZNG THE MAYOR TO EXECUTE .ALL DOCUMENTS RELATING TO SAME WHEREAS. the Paducah Police Department purchased digital in -car cameras from L-3 Communications (Mobile Vision) in February 2010: and WHEREAS. the Police Department wishes to upgrade another two Patrol Division vehicles with digital in -car cameras and purchase a new server t{ith required softv, are and installation: and WHEREAS. due to the previous purchase of the Police Department's cameras and server used to download dis imi images are L-3 Communications (Mobile Vision) equipment a mitten determination has been made by the City Manager that this is a sole source purchase pursuant to Sec. 2-659 of the Code of Ordinances of the City of Paducah, Kentucky'. BE IT ORDAINED BY THE CITY OF P:ADUCAH, KENTUCKY: SECTION 1. That the Cin• of Paducah hereby authorizes the Finance Director to make payment to L-3 Communications (Mobile Vision). in the amount of 525.223.00. for the purchase of two digital in -car cameras, a new server. Software and installation to be Used by the Paducah Police Department and authorizes the .Mayor to execute all documents relating to same. SECTION 2. This expenditure will be charred to the Police Equipment/Electronic/Surveillance account. SECTION 3. This ordinance shall be read on t\e•o separate days and a ill become effective upon summary publication pursuant to KRS Chapter 424. \Iaror ,ATTEST: Tammara S. Sanderson. City Clerk Introduced by the Board of Commissioners. March 11. 2014 .Adopted by the Board of Commissioners, March 25. 2014 Recorded by Tammara S. Sanderson. City Clerk. vlarch 25. 201-1 Published by The Paducah Sun. _ erd'pohccldi;italin-car:amerasrserver 3.2014 170954 Agenda Action Form Paducah City Commission Meetina Date: March 11. 2014 Short Title: Authorizing the acquisition of real property located it 5455 Commerce Drive in Paducah and the assumption of the obligations of Paducah McCracken County Industrial Development Authority ("IDA") under a certain lease agreement dated May 31. 2013 with Macco Organiques Corporation ("Macco"). ❑ Ordinance ❑ Ernergencv X Municipal Order ❑ Resolution ❑ Mot 1011 Staff Work By: Jeff Pederson, City Manager Presentation By: Jeff Pederson, City Manager Backeround Information: On April 10. 2013. City, McCracken County, GPEDC. Inc. and IDA entered into a Memorandum of Understanding ("MOU") with Macco for the relocation and development of an industrial/distribution facility at the spec building located at 5455 Commerce Drive. (the "Project Site") in Paducah. Under the MOU. City and County each agreed to commit S1.250.000 (total of S2.5 million) (the "Construction Allowance") for the construction of certain renovations to the spec building and site preparation in order to make the site suitable for occupation by Macco. Any cost in excess of the Construction Allowance shall be the responsibility of Macco. Originally the Project Site was owned by IDA. however. as a result of the Construction Allowance commitment of City and County and the financing of same it is necessary for City and County to own the Project Site. Therefore. IDA has executed a deed of convevance conveying an undivided k,% interest in the Project Site to City and County. City needs to accept this transfer. The Project Site is currentl)' subject to a Lease Agreement entered into on Max- 31. 2013 between I.D.A. as lessor. and Macco, as lessee. As a result of the transfer of ownership from IDA to CAN, and County. City and County need to assume the obligations of IDA under the aforesaid lease agreement. These transactions Further the public purpose of the City to achieve long-term economic growth and employment opportunities for its citizens Therefore. I seek approval from the City Commission to enter into and have the N—lawor execute ( 1) the Deed of Conveyance from IDA to City and Count\-. in substantially the same form attached hereto as Exhibit A: and (2) the Assignment Agreement from IDA. as assignor. Amlda :action Farm to City and County. collectively. as assignee. in substantially' the form attached hereto as Fk h ihil R Goal: XStI'ong Economy ❑ Quality Services❑ Vital Neighborhoods[:] Restored Do« nto\,\ rill Funds Available: Accoulit Name.- Account ame:ACCOLlllt NUIIIbeI': Finance Staff Recommendatioll: Attachments Department Head Citi° Clerk City Manager - isM} ORDINANCE NO. 2014 - AN ORDINANCE AUTHORIZING AND APPROVING THE ACQUISI"CION OF REAL PROPERTY LOCATED AT 5455 COMMERCE DRIVE, PADUCAH, MCCRACKEN COUNTY, KENTUCKY AND ASSUMPTION OF THE LEASE AGREEMENT WITH MACCO ORGAN IQUES CORPORATION, FOR THE I;V[PROVEMENT OF A PUB LIC PROJECT WHEREAS, the Board of Commissioners of the City of Paducah has determined that it is necessary, appropriate, or in the best interest of the City for the City and ivlcCracken County, Kentucky to each acquire an undivided one-half (1/2) interest in the real property located at 5455 Commerce Drive, Paducah, McCracken County, Kentucky which is more particularly described on Exhibit "A," attached hereto (the "Property") and to assume the lease obligations of Paducah -McCracken County Industrial Development Authority ('`IDA") under the Lease Agreement dated May 31, 2013 with 11vIACCO Oroaniques Corporation ("MACCO") for the Property, for purposes of economic development (the "Public Project"): and BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Board of Commissioners of the City of Paducah hereby approves and consents to the acquisition of an undivided one-half (1/2) interest in the Property from IDA and the execution of an Assignment Agreement for the City's assumption of IRA's rights. duties, and obligations under the existing Lease Agreement dated LN/lay 31, 2013 with IkIACCO, fot- MACCO's use and occupancy of the Property. It is hereby found and determined that the acquisition is public property to be used for the public purposes of the City. It is further determined that the Mayor, on behalf of the City of Paducah, Kentucky, is hereby authorized to execute the general warranty deed, the Assignment agreement and any other documents necessary to accomplish and consummate the acquisition of the Property and assumption of the lease SECTION ?. if any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section. paragraph or provision shall not affect any of the remaining provisions of this Ordinance. SECTION 3. This City Commission hereby finds and determines that all formal actions relative to the adoption of this Ordinance were taken in an open meeting of this City Commission, and that all deliberations of this City Commission and of its committees, if any, which resulted in formal action, were in rneetincls open to the public, in full compliance with applicable legal requirements. SECTION 4. All ordinances, resolutions, orders or parts thereof In conflict with the provlslo[ls of this Ordinance are, to the extent of such conflict, hereby repealed and the provisions of this Ordinance shall prevail and be given effect. SECTION 5, This ordinance shall be read on two separate days and will become effective upoll summary publication pursuant to KRS Chapter 424. MAYOR ATTEST City Clerk r Introduced by the Board of Commissioners, , 2014. Adopted by the Board of Commissioners, Recorded by City Clerk. Published by The Paducah Sun, I 201=1:. 2014. , 2014. EXHIB IT "A" BEING TRACT C, CONSISTING OF 10.2007 ACRES, IN INDUSTRIAL PARK WEST, AS SHOWN ON THE WAIVER OF SUBDIVISION PLAT AT INDUSTRIAL PARK WEST TO CREATE NEW TRACT F AND REVISE TRACT C OF RECORD IN PLAT SECTION "L." PAGE 1308, IN THE MCCRACKEN COUNTY COURT CLERK'S OFFICE. SUBJECT TO DECLARATION OF PROTECTIVE COVENANTS AND RESTRICTIONS FOR INDUSTRIAL PARK WEST OF RECORD IN DEED BOOK, 1186, PAGE 67. AND RERECORDED IN DEED BOOK 1186, PAGE 643, IN THE AFORESAID CLERK'S OFFICE. BEING A PART OF THE SAME PROPERTY CONVEYED TO PADUCAH-MCCRACKEN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, A KENTUCKY CORPORATION. BY DEED DATED APRIL 25, 1997, OF RECORD IN DEED BOOK 871. PAGE 672, IN THE MCCRACKEN COUNTY COURT CLERK'S OFFICE. M DEED OF CONVEYANCE TRIS DEED made and entered into this the day of 2014, by and between PADUCAH-MCCRACKEN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, a govermnental agency and instrumentality of the City of Paducah and the County of McCracken, Kentucky, of P. 0. Box 1155, Paducah, Kentucky 42002-1155, (hereinafter called 'Grantor") and CITY OF PADUCAH, KENTUCKY, a municipal corporation of the second class existing under the laws of the Commonwealth of Kentucky, and a body politic and corporate, whose address is Post Office Box 2267, Paducah, Kentucky 42002-2267, and COLNITY OF MCCRACKEN, KENTUCKY, a body politic and corporate, of 301 South 6"' Street, Paducah, KY 42003, (hereinafter collectively called "Grantees"), WITNESSETH: THAT FOR AND IN' CONSIDERATION of the sum of b 1.00, cash in hand paid by the Grantees to the Grantor, the receipt of which is hereby acknoA.ledged, Grantor sold and does by these presents grant, bargain, sell, alien and convey an undivided one-half (1'2) interest unto each of the Grantees, their successors and assigns forever, together with all the improvements, appurtenances and rights thereunto belonging, the following described property, lying and being in McCracken County, Kentucky, and more particularly described as follows: BEING TRACT C, CONSISTING OF 10.2007 .ACRES, IN INDUSTRIAL PARK WEST, AS SHOWN ON THE W'AIVEIZ OF SUBDIVISION PLAT AT INDUSTRIA1. PARK WEST TO CRF ATE NEW TRACT F AND REVISE,', TRACT C OF RECORD IN PLAT SECTION "L," PAGE 1308, IN THE iv1CCR4CKEN COUNTY" COURT CLERK'S OFFICE,. SUBJECT TO DECLARATION OF PROTECTIVE COVENANTS AND RESTRICTIONS FOR INDU STRIAI- PARK WEST OF RECORD IN DEED BOOK, 1186, PAGE 67, AND RERECORDED N DEED BOOK 1186, PAGE 643, I\ THE AFORESAID CLERK'S OFFICE. BENG A PART OF THE SAME PROPERTY CONVEYED TO PADUCAH-MCCRACKEN COUNTY INDUSTRIAL DEVELOP1vtENT AUTHORITY, A KENTUCKY CORPORATION, BY DEED DATED APRIL 25, 1997, OF RECORD IN DEED BOOK 871, PAGE 672, IN THE MCCRACKEN COUNTY COURT CLERKS OFFICE. TO HAVE AND TO HOLD the same, together with all improvements thereon and all rights and appurtenances thereunto pertaining unto Grantees, each receiving an undivided one-half (12) interest their successors and assigns forever, with Covenant of General Warranty, except easements, covenants and restrictions of record. Grantor and Grantees hereby swear and affirm, under penalty of perjury, that the foregoing transfer of real property is made by gift, nominal consideration, or no consideration and, further, that the estimated fair cash value for the property hereby transferred is: $373,000.00. The recording of this deed is exempt from the real estate transfer tax pursuant to KRS 142.050(7)(b). N WITNESS WHEREOF, the Grantor and Grantees have hereunto set their hands. GRANTOR: PADUCAH-MCCRACKEN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY Title 6keC= t G R.a TEES: CITY OF PADUCAH, KENTUCKY COUNTY OF IMCCRACKEN, KENTUCKY Title - STATE OF KENTUCKY COUNTY OF NTCCRACKEN Title The foregoing instalment was sword and acknowledged before me this day of �� rc�t�. r , 2014, by � -� �,ln�n; Ujy-C �mL�. V\ (title} of Padticall-McCracken County IiidLIstrial Development _luthoi'ity, ou said corporation, Gra-tilor, vOT A q •'sJ'%yty commission expires I D # A t� 9� •'''•••-•''''� �, ti`OT� RY PUBLI , S` ATE AT LARGE ���rfj/FA l L �NvIVOF KENTUCKY 1 COUNTY OF iVICCRACKEN The foregoing instrument was sworn and acknowledged before me this day o f , 20t4, by (title) of CITY OF PADUCAH, KENTUCKY; a municipal corporation of the second class existing under the laws of the Commonwealth of Kentucky, and a body politic and corporate, on behalf of said entity, Grantee. 'qty commission expires NOTARY PUBLIC, STATE AT LARGE STATE OF KENTUCKY COUNTY OF MCCRACKEN The foregoing instrument was swom and acknowledged before me this 2014, by (title) of COLNTY OF iMCCRACKEL. KENTUCKY, a body politic and corporate, on behalf of said body, Grantee. day of �tily commission expires NOTARY PUBLIC, STATE AT LARGE THIS INSTRU,IENT WAS PREPARED BY THE UNDERSIGNED WITHOUT THE BENEFIT OF A TITLE EXAMINATION AND BASED UPON INFORNIATION SUPPLIED BY THE GR_aNTOR. THE UNDERSIGNED ASSU'NIES NO RESPONSIBILITY FOR ITS ACCUR_NCY. This instrument prepared by; UUN(D" DE TOS` & KEU LER, LLP P. 0. Box 929 Paducah, KY 42002-0929 170147.doc Send 2014 tax bill to: GPEDC, Inc., as Project IManager For City of Paducah and County of McCracken P O Box l l 5 5 Paducah, KY 42002-1155 Sam -kSSIGNNIENT AGREENIE\T FOR VALUABLE CONSIDERATION, the receipt of which Is hereby ucknu\k i:dged by the lmrtics hereto. PAD CAH-NICCP_kCKEN CO( _JNTY II�ULSTR[A(. DFA'FI.0PME'1_ AC Tl IORITY, a governmental agency and instrutventaliq of the City of 'aaueah tl,id the COMM or McCracken, Kentucky, {the "Assignor" herein}, dues hereby sell. :r nslcr and assign unto CITY OF PADLCAH, KENTUCKY. a municipal corporation of the second class existing under the laxvs of the Commonwealth of Kentucky, and a body politic and COI'porate, 'ind COUNTY OF \/ICCRACKE\, KENTUCKY. a body politic and corporate (co;lect:vely. the '.assigned" herein), all of Assignor's rights. title. InLerest,, \.\arranues, ck)\,enant,, duties. obligations and uudet-takinQs under the followin, lease (hereinafter referred to a; tic -Lease'•t: • :� Lease Agreement dated \-lav 1, 201 executed betkve;:n .assignor (as Lessor) and MACCO Orbaniques Corporation, (as Lesseel for the lease of the teal property known as Tract C, consisting of 10.22007 acres, in Industrial Park t,;'est Th:; fu!l text of the Lease is attached as Exhibit A to this Assignttient, i he terntis I:ereol shall extenct to and shall be binding upon the parties hereto, and their respecm-e I� ml repres,-watiVes• ;uccdssors and assiums. DATED thi, _ . _ day of _ _ . 2014. ASSIGNOR: PA1)UCAH-i%-ICC CRACK EN COLLA FY l'ND['Sl'RIAL DEVELONMENT AUTHORITY Tit;e: ASSIGNEE: CITY OF PADUCAH, KENTUCKY In T'llI�-: COL-NTY OF MCCRaCKEN, KENTUCKY Bv. Title: Sl --ATE OF KENTUCKY CUL -NT�" (DF MCCP--lCKEN i -he foregoing instrument was sworn and i ckuowle ged before me this (Q day o t , 2 01 , b� (� � i v � Y� t title) of PADLC.I�I-\ICCR�CKEN COUNTY [INDUSTRIAL DEVELOP'N[ENT AUTHORITY, a governmental agency and instrumentality of the City of Paclticah and the C o Ln ztv o l M,: C rac ken, Kentucky, on behalf of said corporation, ;assignor. -My commission expires H. ✓ I C.. 1!I(IUO���` WL NOT. RY PUBLIC.'STATE AT LARGE STATE OF KENTUCKY W[_'NT" ' OF \ICOR.-ICKEN The l-oregoing iIISMI >aerlt Was s��o►'n and acknoMedged before me this d CA v of ----- 20 t 4. by (Jitle) of CITY OF PADUC AH, KENTUCKY, a municipal corporation of the semid class existing under the laws of the Commomvealth of Kmmtickv, and a body politic and or, behalf of said entity, .�kssiguee. My commission NOTARY PUBLIC, STATF AT LARGE FATF OF KENTUCKY CO[IXTY OF :-MCCRACKEN [ he foregoing instrument vas sworn and acknoMedued before tyle this day oC by _(title) of C'Ot _�M_Y OF MCCR.=\CKFN, KENTUCKY, a body politic and corporate, on behalf of said I?ocly. illi' commission exptifk;s NOTARY PUB LIC, STATE AT LARGE lis instrument prepared by; t D 101��Tcc_ KCt 1 -Fly. LLP P. O. Box 92-<) Paducah, KY 4210C12-0929 EXHIBIT A EE AT'r,-kcHyIEN'r LEASE ACREENIENT By and Between PADUCAII-NICCRACKEN COUNT'S INDUSTRIAL. DEVELOPMENT AUTHORITV Lessor and NI ACCO ORG ANIQUES CORPOR-XTION Lessee Dated as of: May 31, 2013 Project Site: 5455 Commerce Drive Paducah, Kentucky LEASE AGREEMENT This Lease Agreement (this "Lease"), made and entered into as of the 31st day of ;May. 2013. by and bemeen PADUCAIFI-i4ICCRACKEN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, a governmental agency and instrumentality of the City of Paducah and the County of McCracken, Kentucky, (the "Le3sor"), with a principal mailine address of Post Office Box 1155, Paducah, Kentucky 42002-1155, and MACCO ORGANIQUES CORPORATION, a Kentucky corporation (the "Lessee"), with a principal mailing address of 100 McArthur, Valleyfield, Quebec, Canada 76S 4M5, and a registered agent address in Kentucky of 4965 US Highway 42, Suite 2500, Louisville, Kentucky 40222. MCCRACKF,N COUNTY, KENTUCKY ("County"), with a principal mailing address of 300 South 7th Street, Paducah, Kentucky 42003; and CITY OF PADUCAH, KENTUCKY ("City"), with a principal mailing address of Post Office Box 2267, Paducdi, Kentucky 42002-2267, join ul this Lease for the purposes hereinafter set forth (Lessor, Lessee, City, and County may collectively be referred to as the "Parties" and singularly be referred to as a "Party"), WITNESSETH WHEREAS, capitalized terms used and not otherwise defined in this preamble shall have the respective meanings ascribed thereto in Section 1 of this Leaseset forth below; and WHEREAS, the Lessor has a compelling public interest in fostering economic development and promoting the development of a skilled workforce, all to the benefit of the citizens and residents of the city of Paducah and the county of McCracken, Kentucky; and WHEREAS, the Lessor owns the Building and has determined that it is in the best interests of the City and the County, that Lessor or its assigns construct the Project Improvements to the Building located on the Project Site utilizing the Constntction Allowance. and that the Lessor rent the Building as improved and the Project Site (collectively, tile "Premises") to Lessee for the purposes of locating, installing, equipping, operating and managing an industrial/distribution facility and other lawful purposes, and the hiring and maintaining 40 new full-time employees at the Premises, all as more particularly set forth in the \IOU (the "Project"), which will promote the public purpose of the Lessor and the City and the County; and WHEREAS, the Lessee desires to rent the Premises from the Lessor for the rentals, and upon the terms and conditions, hereinafter set forth; and WHEREAS. it is appropriate at this time that this Lease be consummated by and between the parties. NOEL', 'THEREFORE, N CONSIDERATION OF THE FOREGOING PREIMISES, WHICH ARE INCORPORATED AS A PART OF THIS LEASE, AND IN FURTHER CONSIDERATION OF THE TERMS, COVENANTS AND CONDITIONS HEREIN SET FORTH AND CONTAINED HEREIN AND IN THE iMOU, THE LESSOR AND THE LESSEE MUTUALLY COVENANT .AND AGREE AS FOLLOWS: SECTION I. Definitions. Unless the context clearly indicates some other meaning, the following words and term -i shall, for all purposes of this Lease, have the following meanings ".ddditional Rent" shall mean, collectively, all expenses, costs and disbursements of every kind and nature in respect to or in connection with (i) the Project Improvements in excess of the Construction Allowance, (ii) the Lessee Improvements, (iii) the operation, repair, replacement, and maintenaxrce of the Premises, (iv) the insuring of the Premises as lierein provided, (v) all ad valorem taxes assessed against the Premises, if any, and (v) any amounts payable pursuant to Sections 17 or 18 of this Lease. "Authorized Officer" shall mewl, xvith respect to (i) the Lessor, the President/CEO and any officer, agent or employees duly authorized by ordinance or resolution of the Lessor to perform the act or sign the document in question, and (ii) the Lessee, the President and any other of its officers, agents or employees duly authorized by resolution of the Lessee to perforin the act or sign the document in question. "Base Rent" shall mean the annual payments from Lessee to Lessor, as set forth in Section 3 of this Lease. Building" shall mean that certain existing spec building as improved by the Project Improvements located on the Project Site. "City" shall mean the City of Paducah, Kentucky, a mimicipai corporation and political subdivision of the Commonwealth of Kentucky. "Construction Allowance" shall mean up to and not to exceed $2.5 million committed by the City and the County pursuant to the i� M' for the construction of the Project Improvements on the Project Site. 'County" shall meant the County of McCracken, Kentucky, a county and political subdivision of the Conunonwealth of Kentucky. "Employment Commitment " shall mean the corunitment of Lessee as set forth in Section B. 4 and Section C of the MOU in exchange for the Employment Connunitment Rent (as hereafter defined) to hire and maintain a minimum of X10 new full -tithe employees on the Premises for either (i) twenty-four (24) consecutive months during the Initial Term, or (ii) by the last twelve (12) consecutive months of the Initial Term of thus Lease, for an average hourly salary of such employees at the Premises being a minimum of $16.00 per hour, and which employees will be provided with health insurance benefits to the extent available cruder applicable laws. rules and regulations, including the .Patient Protection and Affordable Care Act (Public Law It t--1 18), at commercially reasonable rates with an estimate of 501110 employer contribution. "Event of Default" means an event described in Section 17 of this Lease, "Interest Rate for .-Idvonces" means ten percent (10°i0) per annum. "Lease" shall mea» this agreement dated as of Nfay 31, 20,3, by and between the Lessor and the Lessee and the other Parties, as amended or supplemented from time to time in accordance with the terms hereof. "Lease Rental Pavnwnts" means Base Rent and Additional Rent, which constitute the payments payable by the Lessee for and in consideration of the right to use the Premises. "Lessee" shall mean 1,IACCO ORGAN[QUES CDRPOR.kT[ON , a Kentucky corporation. "Lessee Improvements- design, construction, installation, maintenance, repair, and replacement of a spur track on the Project Site pursuant to plans and specifications approved by Lessor and Lessee (the `Project Plans"), and a portion of the cost of which may be finrded from the Constriction Allowance as contemplated by the NIOU. "Lessor" shall mean the Paducah-\/IcCracken County Industrial Development Authority, a governmental agency and instrumentality of the City of Paducah and the County of LNIcCracken, Kentucky, its successors and assigns. "MOL." shall mean that certain Memorandum of Understanding among the Lessor and the Lessee relating to the Project, executed by the respective parties thereto on April 11, 2013, as the same may be amended or supplemented from time to time in accordance wide its terms, and which MOU is hereby- incorporated as a part of this Lease. The Parties hereby acknowledge and agree that notwithstanding the terms of the preambles of the MOL', there is no subsequent agreement among them regarding the matters contemplated by the MOU, and that the I10U is and shall be deemed to be an enforceable agreement among them. "Premises" shall mean, collectively, the Building, the Project fmprovements and the Project Site. "Project" shall mean the locating, installing, equipping, operating and managing an industrial/distribution facility by Lessee, and the efforts of Lessee to meet the Employment Commitment, all as more particularly set forth in this Lease and the MOU. "Project Improvements" shall mean the renovation of the Building and site preparation of the Project Site to create a space and environment reasonably suitable for the operation of the Project as contemplated by the Project Plans. The renovation of the Building shall be designed and completed in such nraruler and to such standards as to comply with state, local and federal regulations applicable thereto. "Project Site" shall mean the site on which the Building is located and the Project Improvements and the Lessee buprovements are to be located and Lessee is to equip, operate and rnanage the Project, which site is generally located at 3153 Commerce Drive, Paducah, McCracken County, Kentucky, and is more particularly described in Exhibit A attached hereto. SECTION2. Tenn, Renewal Perms. In consideration of the representations, warranties, covenants and conditions set forth herain, the Lessee hereby leases from the Lessor, and the Lessor hereby lets to the Lessee, the Premises for a term of five (5) years (the "Term"), which Terrn shall commence on the date a certificate of occupancy for the Premises has been issued by the appropriate governmental authority (the "Commencement Date") (the "[nitial Term-). Provided Lessee is not then in default under this Lease beyond any applicable grace or curative period, the Term of this Lease may be renewed for up to tlu•ee (3} successive terms of five (5) years each (each a "Renewal Term"). At the expiration of the Initial Term, this Lease shall automatically renew for the first Renewal Term, unless either Lessor or Lessee provides ,written notice to the other Party of its intent not to renew this Lease at least sixty (60) days prior to the expiration of the Initial Term. Thereafter Lessee may elect to extend the Term by delivering written notice to Lessor at least sixty (60) days prior to the expiration of the first and subsequent Renewal Terms. Each Renewal Term shall be subject to all covenants, terms, conditions and obligations set forth and contained in this Lease, except for possible adjustments in the amount of the Base Rent due during a Renewal Term as hereinafter provided. SECTION 3. Rental. During the Initial Terni, Lessee agrees to pay as Base Rent for the Premises the sum of $ t,00 atuivally. Provided that Lessee meets the Employment Commitment during the Initial Term and each Renewal Term of this Lease, then the Base Rent payable during the initial and subsequent Renewal Tetras shall remain $1.00 per year (the "Employee Commitment Rent"). In the event Lessee fails to meet the Employment Commitment during the Initial Term or any Renewal Term of this Lease, Lessee shall pay as atutual Base Rent during (lie following Renewal Term an amount equal to the lesser of (i) market lease rates for comparable light industrial space in the Paducah market as certified by three (3) local appraisers, one appraiser to be selected by each of Lessor and Lessee, and the, third appraiser to be selected by the agreement of Lessor and Lessee, or the other two appraisers in the event no agreement is so reached on the third appraiser by Lessor and Lessee, or (ii) $3.00 per square feet x 60,000 square feet agreed area of the Building. The Base Rent shall be paid in advance in equal annual installments on the first (i't) day of May for each and every calendar year during each Renewal Term. :additionally, during the Initial Tenn and each Renewal Term, Lessee shatl be responsible and agrees to pay, all expenses and costs related to (i) the Project Improvements in excess of the Construction Allowance, (ii) the Lessee Impro vem e tits, (iii) the operation; repair, replacement, and maintenance of the Premises, (iv) the insuring of the Premises as required pursuant to this Lease, (v) any ad valorem taxes assessed against the Premises, and (v) ani° amounts payable by Lessee pursuant to Sections 17 or 18 of this Lease. ("Additional Rent"). Any such amounts due as Additional Rent shall be paid by Lessee as the same become due and payable. All Lease Rental Payments hereunder shall be made without notice, demand, setoff, defense, deferment or deduction at the times and in the manner sat forth above. SECTION -l. Use of the Premises. The Premises shall be occupied and used by Lessee for the Project. Lessee shall not alter or chane the use of the Premises without obtaining the prior written permission of Lessor, which consent will not be unreasonably de[ayed, withheld or conditioned. \o use shall be made or permitted of the Premises or any part thereof, nor any acts done which shall constitute a nuisance, it being acknowledged, however, that the anticipated uses of the Project contemplated by this NMOU and this Lease and which are otherwise in compliance with applicable zoning and other laws, rules and regulations, shall not be deemed to be a nuisance. Lessee shall use its best efforts to comply with all goveriunental rules, regulations, ordinances, statutes and laws novv in force or which may hereafter be in force pertaining to the Premises and to Lessee`s use thereof, provided, however, that during the Term of this Lease, Lessor shall not consent to or permit any change in any zoning or and use regulations which would render the use of the Premises for the Project unlaw-ful or as a conditional use. Should Lessee inadvertently violate any of the same, Lessee shall, as soon as reasonably possible after discovery of any such violation; take all measures reasonably necessary to comply with the law. SECTION 5, Delivery of the Premises. Pursuant to the N40U, the City and the County have committed to (i) fund the Construction A] lowance in an amount up to and not to exceed $2,500,000.00 to be remitted by Lessor, with Lessee's approval (which approval shall not be unreasonably delayed, withheld or conditioned), in payment for the construction of the Project Improvements on the Project Site, and (ii) cause, super -vise, and oversee, through its duly authorized agents, the design, construction and completion of the Project Improvements in such manner and to such standards as to comply with state, local and federal regulations applicable thereto and to create a space and environment reasonably suitable for the operation of the Project. Lessee shall be solely responsible, at its own cost, for the design and construction of the Project Improvements in excess of the Construction Allowance. On the Commencement Date, Lessee shall accept the Premises, take possession of the Premises, and open the Premises for operations. In the event Lessee does not open the Premises for operations within six (6) months of the Commencement Date, Lessee agrees to pay a monthly Base Rent of $5,000 each month until operations begin at which time the Base Rent will return to $1.00 annually. Upon the Commencement Date, Lessee shall accept the Premises in its existing condition and state of repair. Lessee agrees that no representations, statements or warranties expressed or implied have been made by or on behalf of Lessor in respect thereto except as contained in this Lease. Except for the Project Improvements, Lessee agrees that Lessor shall not be obligated to make any other improvements, alterations, or repairs to the Prenises. When the Commencement Date has been determined, Lessec shall execute, acknowledge and deliver to Lessor the written statement attached hereto as Exhibit B specifying the actual Commencement Date. Prior to the Commencement Date, Lessee shall be permitted reasonable access to the Premises, after written notice, in order to complete the Lessee Improvements for which it is responsible and to otherwise make approved improvements the Building and Premises, provided that Lessee shall not interfere with the progress of construction conducted by Lessor (or its assigns) or with its workmen in accordance with the Project Plans (provided, that Lessee shall be permitted reasonable access to the Premises, in all instances to oversee the Project Improvements). Lessor will not be liable for any injury resulting from Lessee's access to and presence upon the Premises pursuant to this paragraph. If Lessee shall occupy the Premises prior to the Commencement Date but not open for business, such occupancy by Lessee shall be deemed to be that of a Lessee under all of the terms, covenants, and conditions of this Lease, except that the obligation to pay the Lease Rental Payments shall not be due and payable until the Commencement Date, From and after the date of this Lease. each of Lessor and Lessee shall maintain builder's risk insurance with regard to the Project Improvements and the Lessee Improvements, respectively, conducted thereby as contemplated by this Lease. Further, from and after the date of this Lease through the Commencement Date, Lessor shall, at its sole cost and expense, carry and maintain for the mutual benefit of Lessor and Lessee, as their respective interests may appear, a policy of fire and extended coverage insurance insuring the Building and Premises against damage and destruction by all causes generally insured against in policies of fire and extended coverage insurance written on properties in McCracken County, Kentucky including earthquake and flood insurance for the replacement cost of the Project Improvements completed by Lessor or its assigns prior to the Commencement Date, as determined by the insurance company issuing such policy of insurance, with Lessor bearing the risk of loss during such period. If a casualty occurs to the Premises prior to the Commencement Date, the proceeds of all such insurance policies may be used by Lessor, if adequate, to restore the Building and the Premises, unless Lessor elects, at its sole option to cancel this Lease within thirty (30) days after the occurrence of any such casualty, in which event this Lease shall become void and of no effect. If Lessor does not so cancel this Lease, Lessor shall rebuild the Building and restore the Premises as soon as possible, in which event this Lease shall remain in full force and effect. However, under no circumstances shall Lessee have any direct interest in any insurance proceeds attributable to said casualty except as contemplated above. SECTION 6. Release and Indemnification Covenants. (a) Lessee will and hereby agrees to indemnify and save the Lessor harmless against and from any or all claims, by or on behalf of any person, firm, co►3)oration or other legal entity, and all liabilities, obligations, losses and damages whatsoever, and the expenses, penalties and fees in connection therewith (including reasonable attorney's fees and expenses), arising from or as a result of the occupancy or use of the Premises by Lessee, or tha operation or management of the Project at the Premises during the Initial Term and each Renewal Tenn of this Lease (collectively, "Lessee Indemnified Claims"), including, but not limited to: (i) any condition of the Premises for which Lessee is responsible from and after the Commencement Date; (ii) any act of negligence of the Lessee or of any of the agents, contractors or employees of Lessee, or any violation of law by the Lessee or breach of any covenant or warranty by the Lessee hereunder; (iii) any accident on the Premises resulting in damage to property or injury or death to any person and not caused by the negligence or malfeasance of Lessor; (iv) the incurring of any cost or expense in connection with the Project in excess of the Construction ,allowance; and (v) the presence or alleged presence of any HazardoUS Substances (as hereafter defined) on, in or Z under the Premises arising from or as a result of the occupancy or use of the Premises by Lessee. The Lessee will indemnify and save the Lessor harmless front any such Lessee Indemnified Claims, or in connection with any action or proceeding brought thereon and, upon notice from the Lessor. will defend or pay the cost of defending such indemnitee, in any such action or proceeding, (b) Lessor will and hereby agrees to indemnify and save the Lessee harmless against and from anv or all claims, by or on behalf of any person, firm, corporation or other legal entity, and all liabilities. obligations, losses and damages whatsoever, and the expenses, penalties and fees in connection therewith (including reasonable attorney's fees and expenses), arising from or as a result of the negligent acts or omissions of Lessor. its agents, contractors and employees, on or with respect to the Premises during the Initial Terra and each Renewal Term of this Lease (collectively, "Lessor Indemnified Claims"), including, but not limited to: (i) the presence or alleged presence of any Hazardous Substances (as hereafter defined) on, in or under the Premises as of the date of this Lease; (ii) any act of negligence of the Lessor or of any of the agents, contractors or employees of Lessor, or any violation of law by the Lessor or breach of any covenant or warranty by the Lessor hereunder; (iii) any accident resulting in damage to property or injury or death to any person caused by or related to the negligent act or omission of Lessor, its agents, contractors or employees; and (iv) any cost or expense in connection with the Project which is to be paid from the Construction Allowance. The Lessor will indemnify and save the Lessee harmless from any such Lessor Indemnified Claims, or in corulection with any action or proceeding brought thereon and, upon notice from the Lessee, will defend or pay the cost of defending such indemnitee, in any such action or proceeding. The indemnification arising under this Section 6 will continue in full force and effect notwithstanding the frill payment of all obligations under this Lease or the termination of this Lease for any reason; provided, however, that nothing herein shall give rise to an obligation to indemnify for any actions arming after the date of termination of this Lease. SECTIO` 7. Insurance of Proiect. On the Commencement Date and during the Initial Term and each Renewal Term of this Lease, Lessee shall, at its sole cost and expense, carry and maintain for the mutual benefit of itself and Lessor, as their respective interests may appear, a policy of fire and extended coverage insurance insuring the Premises and the Lessee improvements and all additions, alterations, and improvements to the same, against damage and destruction by all causes generally insured against in policies of fire and extended coverage insurance written on properties in ivlcCracken County, Kentucky including earthquake and Hood insurance for the replacement cost of the Project Improvements, as determined by the insurance company issuing such policy Of insurance but in no event shall the amount of such insurance be less than S9.0 million. Such policy of insurance shall bear an endorsement to the effect that the insurer agrees to notify the Lessor not less than thirty (30) days in advance of any modification or cancellation thereof. Such policy of insurance shall be issued by an insurance company licensed to do business within the Commonwealth of Kentucky and shall be in a form acceptable to Lessor. Lessee shall, upon demand, provide evidence satisfactory to Lessor of the payment Of such premiums and of the renewal of such policy of insurance. Further. Lessee shall maintain insurance coverage for the contents of the Premises. Lessor will not be responsible for contents belonging to the Lessee or 7 any other party in the event of damage or loss. Additionally, on the Commencement Date and during the Initial Term and each Renewal Term of this Lease, Lessee shall, at its sole cost and expense. carry and maintain for the mutual benefit of itself and Lessor, as their respective interests may appear, Public Liability Insurance, with a combined single limit for bodily injury and property damage of not less than `S L0 Nfillion (S 1,000,000), with a reputable insurance company licensed to do business in the Commonwealth of Kentucky covering the Premises and the Lessee Improvements. Such policy of insurance shall bear an endorsement to the effect that the insurer agrees to notify the Lessor not less than thirty (30) days in advance of any modification or cancellation thereof. Such policy of insurance shall be in a form acceptable to Lessor. Lessee shall, upon demand, provide evidence satisfactory to Lessor of the payment of such premiums and of the renewal of such policy of insurance. In addition, Lessee shall cause to be issued and shall maintain during the teen of this Lease such Worker's Compensation and disability insurance as may, from time to time, be required by applicable city, county, state or federal laws. SECTION 8. Operation, -Maintenance and Repair of the Premises. The Lessee agrees to take good care of the Premises, to maintain and repair the same at the expense of the Lessee, to keep all of the Premises and the Lessee Improvements in good repair, working order aitd first class condition, and to return the same in as good condition as when received by the Lessee, ordinary wear and tear excepted. The Lessee further agrees to pay ariy and all (i) improvement assessments of any kind whatsoever against the Premises hereby leased made fi-onacid after the Commencement Date, (it) costs of collection of waste generated at the Premises; (iii) landscaping maintenance and snow removal costs, (iv) costs of janitorial services, (v) utility costs and charges, whether public or private, (vi) personal property taxes, if applicable, and (vii) general real estate taxes, if applicable to the Premises. The Lessee Inas and does hereby covenant for the benefit of the Lessor that it will accept custody, control, domination and possession of the Premises on the Commencement Date, and, at all times during the terms of this Lease to either operate, maintain and repair the Premises and the Lessee Improvements itself in accordance with the terms of this Lease. Lessor shall have no obligation to maintain or repair the Premises. SECTION 9. Lessee Improvements: Alteration ol,' Project: additional Improvements. Lessee shall have the right from and after the date of this Lease to commence the Lessee Improvements. Lessee shall also have and is hereby given the right, at its sole cost and expense. to make such additions, changes and alterations in and to any part of the Building and the Project Improvements as Lessee from time to time may deem necessary or advisable; provided, however; Lessee shall not make any addition, change or alteration without the prior %witten approval of Lessor, which approval will not be unreasonably dalayed, withheld or conditioned, and which consent will be deemed given if any such request is not either approved or denied «ith specificity by Lessor within thirty (30) business days after submission by Lessee. Any denial of approval shall be accompanied by a detailed explanation of the conditions upon which approval of such request shall be granted by Lessor. The Project Improvements, the Lessee Improvements and all other additions, changes and alterations made by Lessee pursuant to the authority of this Section 9 shall (a) be made in a workmanlike manner and in compliance with all subdivision regulations, laws and ordinances applicable thereto, (b) when commenced. be prosecuted to completion with due diligence without delay or abatement in Lessee's payment of Lease Rental Payments due hereunder, subject to casualty, Force Majeure (as hereinafter defined) and other matters beyond the control of Lessee, and (c) when completed, be deemed a part of the Project Site and the separate and absolute property of Lessor: provided, however, that trade fixtures and additions by Lessee to the Premises of fiunishings, machinery and equipment purchased and installed by Lessee with its own funds (i.e., fitnds other than the Construction Allowance) and not constituting the Project Improvements, the Lessee Improvements or repairs, renewals, or replacements of items constituting a part of the Premises shall remain the property of Lessee and may be removed by Lessee at any time during the term of this Lease; provided further, however, that all such additional furnishings, machinery and equipment which remain on the Project Site after the date falling sixty (60) days after the date of termination of this Lease shall become the separate and absolute property of Lessor. SECTION 10. No Hazardous Wastes. From and after the Commencement Date, Lessee shall not cause or permit the release or disposal of any Hazardous Substances (as hereafter defined) on or about the Premises, except for normal and customary use and disposal of substances customarily used in cotunection with the use of the Premises permitted under this Lease and used in accordance with all applicable laws, titles and regulations, such as cleaning agents. For purposes of this Lease, "Hazardous Substances" shall mean all substances, wastes and materials \which are defined as hazardous, toxic or dangerous in, or the use of which is otherwise regulated by, the Comprehensive Env ironmental!Environmental Response Compensation and Liability act of 1980, as amended, 42 USC Section 6901 et seq., and the Toxic Substance Control .let, as amended. 15 USE Section 2601 et seq. To the extent permitted by law, lessee shall indemnify, defend and hold Lessor harmless tirom. and against any claims or liability, including reasonable attorneys' fees and costs. arising out of or connected with Lessee's failure to comply with the terms of this Section 10, which terms shall survive the expiration or earlier termination of this Lease. SECTION 11. Utilities. From and after the Commencement Date, Lessee shall pay all charges for utilities (including gas, electric, water and telephone) furnished to the Premises during the Initial Term anti each Renewal Tenn of this Lease. Lessor shall not be responsible for the quality, quantity, interruption or failure ill the supply of any utility to the Premises when said supply is so affected as a result of conditions beyond the control of Lessor. SECTION 12. Damage or Destruction of the Protect Improvements. In the event destruction, total or partial, shall ensue so as to make the, Project Improvements unusable for the purposes for which the same is to be occupied, such damage or destruction shall not relieve the Lessee of any obligations hereunder, but the Lessee agrees that it 4will be bound by the terms of this Lease and will continue to pay the Lease Rental Payments. Provided, that the proceeds of applicable insurance coverage will be applied. if adequate, to the rebuilding or repair of the Project improvements unless otherwise agreed by Lessee and Lessor. SECTION 0. Condemnation. The tenn `'condemnation" as used in this Lease shall mean the exercise of the power of eminent domain by any person, entity, body agency or authority, or private purchase in lieu of cniim.nl domain, and the date of condemnation shall mean the qday on which the actual physical taping of possession pursuant to the exercise of said power of eminent domain, or private purchase in lieu thereof, occurs, or [he clam of settlement or compromise of the claim of the parties thereto during the pendency of the exercise of said power, whichever first occurs. In the event the entire Premises are condemned, or so much thereof that in Lessee's reasonable judgment the Premises are no longer suitable for the continuation of the Project or its businOss then being conducted therein, then, in zither event, this Lease shall terminate on the date of condemnation. fn the event only a part of the Premises is condemned and, in Lessee's reasonable judgment, the part not condemned remains reasonably suitabte for Lessee's continued occupancy and conduct of the Project or its business thereon, this Lease shall, only as to the part so taken, terminate on the date of condemnation, and the Lease Reatai Payments shall thereupon be reduced proportionately for [lie area of the Premises taken. Whether or not this Lease is terminated pursuant to this Section, Lessee shall have no claim against Lessor or be entitled to any part or portion of the amount that may be paid or awarded to Lessor as compensation andror damages for the condemnation of the Premises. Lessee shall be entitled to seek to recover as against the condemnor, and Lessor shall have no claim for or thereto, for the loss of the value of Lessee's leasehold interest, the Lessee's trade fixtures and any removable structures and improvements erected and made by Lessee to or upon the Premises which Lessee is entitled to remove at the expiration of this Lease, and for such other claims available to Lessee under applicable lay. The foregoing notwithstanding and to the extent permitted by law, the Parties agree not to initiate a condemnation of the whole of the Premises during the Term of this Lease. SECTION 1=1. Lessee to Have Exclusive Possession of the Premises. DUring the terns of this Lease, the Lessee shall have fall possession, control and operation of the Premises, and the Lessee agrees that it will. at its own expense, operate the same or cause the same to be operated according to acceptable public standards and in such matiner as to promote and preserve the public safety, health, convenience, lire protection and general welfare of the inhabitants 1. of the City and the County, provided, that such covenant shall not create my right of access or claim in favor of the general public in or to the Premises. SECTION 15. Subordination And Attorrunent. This Lease shall be subject to and subordinate and inferiar at all times to the lien of any mortgage or other method of financing or refinancing now or hereafter existing against all or a part of the Premises, and to all renewals, modifications, replacements, consolidations and extensions of any of the foregoing, provided that the holder of any such indebtedness executes and delivers to Lessee a subordination, non -disturbance and attorameat agreement providing that Lessee's leasehold interest in the Premises shall not be disturbed for so long as Lessee is in compliance with the terms of this Lease and which includes such other normal and customary lut provisions as are reasonably acceptable to Lessee. ,-attached'tereto and made a part hereof as Exhibit C is a copy of a title insurance commitment which lists all matters of record to which the Premises is subject as of \May 15, 201'$(the `Existing Title Matters"). Lessee shall execute and deliver all documents reasonably requested by any mortgagee or security holder to effect such subordination, non -disturbance and attornment. Lessee's failure to execute and deliver such documents or instruments provided for in this Section l5 within ten (10) days after the receipt by Lessee of a written request shall constitute a default under this Lease. (The cost and expense of a title insurance policy shall be at the sole cost and expense of Lessee.) If the holder of any mortgage or deed to secure debt shall hereafter succeed to the rights of Lessor under this Lease, Lessee shall attorn to and recognize such successor as Lessee's lessor under this Lease, and shall promptly execute and deliver any instrument that may be necessary to evidence such attortunent. If any such successor requests such attornment, this Lease shall continue in full force and effect as a direct lease between such successor; as lessor and Lessee, subject to all of the terms, covenants and conditions of this Lease, regardless of whether Lessee executes and delivers the instrument requested by such successor Lessor. SECTION 16. Estoppel Certificates. At any time, but not more often than twice in any calendar year, Lessee, on or before the date specified in a written request therefor, trade by Lessor, which elate shall not be earlier than ten (10) days from the making of such request, shall execute, acknowledge and deliver to Lessor a certificate evidencing whether or not: (a) this Lease is in full force and effect: (b) this Lease has been amended in any way; (c) there are any existing defaults hereunder to the knowledge of Lessee and specifying the nature of such defaults if any; (d) the amount of the Lease Rental Payments and the dates to which the Lease Rental Payments have been paid; and (e) the Project Improvements to the Project Site required of Lessor have been made and accepted by Lessee. Each certificate delivered pursuant to this Section may be relied on by any prospective purchaser or transferee or the holder or prospective holder of any mortgage of the Premises or of Lessor's interest hereunder. SECTION 17. Default Provisions, This Lease is made on condition that if (each of the following events being deenned an "Event of Default" funder the provisions of this Lease): (a) Lessee fails to punctually pay any Base Rent or Additional Rent as the same becomes due and as provided in Sections 3 and 5 of this Lease, and such failure continues for ten (10) days after written notice of such failure from Lessor; or (b) Lessee shall fail to observe and perform any other agreement, term or condition contained in this [.ease, and such failure or neglect continues unremedied for a period of thirty (30) days after ",Titten notice thereof to Lessee, or if the default is of such a nature which cannot be cured within such 30 -day period; Lessee shall have not commenced to cure the same within such 30 -duty period and thereafter prosecute such cure to completion within sixty- (60) days; or (c) Lessee shall fail to satisfy the Employment Commitment during the Initial. Term of this Lease; or (d) lessee shall fail to timely complete the Lessee Improvements in accordance with Section 9 or the other provisions of this Lease; (e) Lessee abandons or vacates the Premises for a period in excess of sixty (60) consecutive days other than due to casualty or Force Majeure; or (t) The Lessee shall. (i) admit in writing its inability to pay its debts generally as they become due; (ii) have an order for relief entered in any case cotrrneneed by or against it under the Federal bankruptcy laws, as now or hereafter in effect; (iii) commence a proceeding under any other Federal or state bankruptcy, insolvency, reorganizath-)n or similar law, or have such a proceeding commenced against it and either have an order of insolvency or reorganization entered against it or have the proceeding remain undismissed and unstayed for ninety days; (iv) make an assignment for the benefit of creditors; or (v) have a receiver or trustee appointed for it or for the whole or any substantial part of its property; then Lessor may take any one or more of the following remedial steps, in addition to all other remedies available at law or equity: (1) Declare all installments of Base Rent as well as any additional Rent for the remainder of the then current Term to be immediately due and payable, whereupon the same shall become immediately due and payable. (ii) Lessor may then or at any tinme thereafter, and while such default shall continue, give Lessee written notice of intention to terminate this Lease on a date specified therein, which date shall not be earlier than ten (10) days after such notice is given, and, if all defaults have not then been cured, on the date so specified, Lessee's rights to possession of the Premises shall cease and this Lease shall thereupon be terminated, and Lessor may re-enter and take possession of the Premises; and as an alternative remedy Lessor may at Lessor's election, without terminating this Lease or the term thereof, re-enter the Premises and take possession thereof. as agent for Lessee, and having elected to re-enter and take possession of the Premises without terminating this Lease or the term thereof, Lessor shall use reasonable diligence to relet the Premises, or parts thereof for Lessee's account, for such term or terms and at such rental and upon such other terms and conditions as Lessor may deem advisable, with the right to make alterations and repairs to the Premises, and no such re-entry or taking of possession of the Premises by Lessor shall be construed as an election on Lessor's part to terminate this Lease, and no such re-entry or taking of possession by Lessor shall relieve Lessee of its obligation to pay Base Rent or Additional Rent (at the time or times provided herein), or of any of its other obligations under this Lease, all of which shall survive such re-entry or taking of possession, and Lessee shall continue to pay the Base Rent and ;Additional Rent provided for in this Lease until the end of the current term thereof and whether or not the Premises shall have been relet, less the net proceeds, if any, of any reletting of the Premises after deducting all of Lessor's reasonable expenses in connection with such reletting, including without limitation all reasonable repossession costs, brokerage 12 commissions. 'legal expenses, expenses of employees, and reasonable costs and e\penses of preparation for reletting including the reasonable cost of any alterations that may be necessary in cotutection therewith. Any such reletting may be effected by private negotiation and without public advertisement. Having elected to re-enter or take possession of the Premises without terminating the tenn of this Lease, Lessor may, by notice to Lessee given at any time thereafter while Lessee is in default in the payment of Base Rent or Additional Rent or in the performance of any other obligation under this Lease, elect to terminate this Lease on a date to be specified in such notice, which date shall be not earlier than ten (10) days after the giving of such notice, and if all defaults shall not have then been cured, on the date so specified, this Lease shall thereupon be terminated, f f in accordance with any of the foregoing provisions of this Section 17, Lessor shall have the right to elect to re-enter and take possession of the Premises, Lessor may enter and expel Lessee and those claiming tlu-ough or under Lessee and remove the property and effects of both or zither. (iii) Lessor may at Lessor' election appoint a receiver or receivers of the Premises and of all rents, revenues, issues, earnings, income, products and proceeds thereof; with such powers as the court making such appointment shall confer. At the request of Lessor, Lessee shall consent to the appointment ofany such receiver. Notwithstanding the foregoing, if, by reason of Force Majeure, the Lessee is unable to perform or observe any agreement, term or condition hereof which would give rise to an Event of Default under this Section 17, the Lessee shall not be deemed in default during the continuance of such inability. However, the Lessee shall promptly give notice to the Lessor of the existence of an event of Force Majeure and shall use its commercially reasonable efforts to remove the effects thereof; provided that the settlement of strikes or other industrial disturbances involving employees of the Lessee shall be entirely within their disc-retion. The term "Force IMajeure" as used in this Lease shall mean, without limitation, the acts of God; strikes, or lockouts of the Lessee; acts of public enemies; orders or restraints of any kind of the government of the United States of America or of the State or any of their departments, agencies, political subdivisions or officials, or any civil or military authority; insurrections: civil disturbances; riots; epidemics; landslides; lightning; earthquakes; fires; hurricanes; tornados; storms; droughts; floods; an•ests; restraint of' government and people: explosions; breakage, malfunction or accident to facilities, machinery, transmission pipes or canals; partial or entire failure of utilities: shortages of labor, materials, supplies or transportation. The declaration of an Event of Default and the exercise of remedies upon any such declaration. shall be subject to any applicable limitations of Federal bankruptcy law affecting or precluding that declaration or exercise during the pendency of or immediately following any bankruptcy. liquidation or reorganization proceedings. I'he provisions of this Section 17 are subject to the further litnitation that a declaration of an Event of Default under this Section 17 by the Lessor may be waived or rescinded in writing by the Lessor, provided that no such waiver or rescission shall e:(I; :ad to or affect any subsequent or other default or impair any right consequent thereon. 1) SECTION IS. Performance of Lessee's Obligations by Lessor. If Lessee: shall fail to keep or perform any of its obligations as provided in this Lease in respect of (a) maintenance of insurance, ("b) repairs and maintenance of the Project, (c) compliance with leval or insurance requirements hereunder, (d) keeping the Premises lien free, or (e) the making of any other payment or performance of any other obligation, then Lessor may (but shall not be oblisated so to do) upon the continuance of such failure on Lessee's part for thirty (30) days after written notice of such failure is given Lessee by Lessor, or such longer period as is necessary to cure such failure which due to the nature thereof catutot be cured within such thirty (30) day period (provided Lessee shall have initiated action to cure the def tilt within the thirty (30) day period). and without waiving or releasing Lessee from any obligation hereunder, as an additional but not exclusive remedy; snake any such payment or perforin any such obligation, and all sums so paid by Lessor and all necessary incidental costs and expenses incurred by Lessor in performing such obligation shall be deemed Additional Ren( and shall be paid to Lessor on demand with interest thereon from the date of such payment at the Interest Rate for Advances, and if not so paid by Lessee, Lessor shall have the same rights and remedies as provided for in Section 17 in the case of default by Lessee in the payment of the Lease Rental Payments. SECTION 19. Attorneys' Fees and Expenses. Should a default under the provisions of this Lease occur and the non -defaulting Party employ attorneys or incur other expenses for the enforcement of perfotn.ance of any other obligation of the defaulting Party under this Lease, the defaulting Party shall on demand pay to the aon- defaulting Party the reasonable fees of such attorneys and such other reasonable expenses so incurred, provided that such attornev's fees shall be allowed only to the extent actually paid and shall not be allowed to a salaried employee of the non -defaulting Party. If any such expenses sought from Lessee are not so reimbursed, the amount thereof, together with interest thereon frorn the date of demand for payment at the interest Rate for Advances, shall constitute Additional Rent, and in any action brought to collect Lease Rental Payments, the Lessor shall be entitled to seek the recovery of those expenses in such action. SECTION 20. Lessor's Right of Entry. Lessee shall have exclusive possession of the Premises front and after the Commencement Date, and thereafter Lessor may from time to time enter the Premises during normal business hours of Lessee and upon at least three (3) bu,ir,css days' prior writt;.n notice, for any legitimate purposes related to Lessor's obligations under' this Lease and for purposes of exhibiting the Premises to prospective purchasers or lessees. SECTION 2 1. No Encumbrance.' Mortgage or Pledge of die Premises. The Lessee will not directly create, incur, assume or suffer to exist any mortgage, pledge, lien, charge, encumbrance or claim on or �Nlth respect to the Premises. Lessor will not hereafter peniiit the Premises to be encumbered except by the Existing Title Matters. 14 SECTION 22. Subleasing of the Premises, Assignment. Lessee shall not Sublease, assivti, transfer, or dispose of the Premises, or its interest under thii Lease, except to an affiliate or subsidiary of Lessee or of \-IACCO Organiques Incorporated, without the prior written consent of Lessor. Any consent by Lessor to any assignment subject to Lessor approval shall not constitute a waiver of the necessity of such consent to any subsequent assignment. Each Sublessee, assignee or transferee shall assume and be deemed to have assumed this Lease and shall remain liable jointly and severally with Lessee for the payment of all Lease Rental Payments and for the due performance of all the terms, covenants, conditions and agreements herein contained on Lessee's part to be paid and performed for the Initial Tenn and each Renewal Terns of this Lease. No sublease or assignment shall be binding on Lessor unless such sublessee, assignee or Lessee shall deliver to Lessor a counterpart of saeh Sublease, assignment and an instrument in recordable form which contains a covenant of assumption by the assignee or sublessee. No assignment by Lessee shall relieve Lessee of its obligations hereunder unless Lessor expressly so agrees in writing. SECTION 23. Scope of the Agreement. Except for the VIOU, this Lease is and shall be considered to be the only agreement between the parties hereto as to the subject matter hereof, with the MOU and this Lease to be read together in the interpretation of the terms of the relationship among tile. Parties. In the event of any conflict between the express terms of the fMOU and this Lease regarding the lease, improvement and use of the Premises, this Lease shall be controlling. Time is of the essence of this Lease. SECTION 24. Further Covenants of Lessee and Lessor. In addition to all other covenants, stipulations, obligatiwis and agreements of the Lessee contained in this Lease, the Lessee covenants and agrees to comply, at all times during the Initial Term of this Lease and cacti Renewal Tenn, with the covenants and agreements of the Lessee set forth in the "'IOU, the provisions of which are incorporated herein by reference as fully as if set forth herein. In addition to ail other covenants, stipulations, obligations and agreements of the Parties other than Lessee contained in this Lease, such Parties covenant and agree to comply, at all times during the Initial Teml of this Lease and cacti Renewal "Perm, with the covenants and agreements of such Parties set forth in the %IOU, the provisions of which are incorporated herein by reference as fully as if set forth herein. SECTION 25. Holding Oyer. In the event Lessee shall, with Lessor's consent, hold over after the expiration of an Initial 'herrn and each Renewal Tenn hereof (without renewal of the Terni), such holding over shall be construed to be a tenancy from month-to-month and shall be governed by the other terms, conditions and covenants contained in this Lease, except for Base Rent which Lessee shall pay at market lease rates in the Paducah market as certified by three (3) local appraisers selected as otherwise provided in Section 3 of this Lease. 15 SECTION 26. Binding Effect. This Lease shall inure to the benefit of and shall be binding upon the Lessor and the Lessee and their respective successors and assigns, subject, hoxt!ever, to the limitations Contained herein. SECTION 27. Amendments, Changes and Modifications. This Lease may not be amended, changed, modified or altered, or any provision hereof waived, without the written consent of the Lessor and the Lessee. SECTION 28. Invalidity of Provisions of Lease. If for any mason any provision hereof shall be detennined to be invalid or unenforceable. the validity and effect of the other provisions hereof shall not be affected thereby. SECTION 29. Captions. The captions or headings herein shall. not be treated as a part of this Lease or as affecting the true meaning of the provisions hereof. SECTION 30. ExeCUtiotl of CoUtlterparts. This Lease may be executed simultaneously in two or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. SECTfON 3l, References to Attomevs' Fees. Any covenant contained in this Lease to pay or to reimburse the payment of attorneys' fees shall be construed to include reasonable attorneys' fees through all proceedings, including, but not limited to, negotiations, administrative hearings, trials and appeals. SECTION 32. Notices. Except as otherwise specifically provided herein, the Lease Rental Payments and all notices, approvals, consents, requests and other cotnmttnieations hereunder shall be in �,v1-iting and shall be deemed to have been given when delivered, if hand delivered or sent by a nationally recognized courier service, or three business day after postmarked if mailed by first class registered or certified mail, postage prepaid, addressed, if to the Lessor, at Paducah -McCracken County Industrial Development Authority, Post Office Box 1155, Paducah; Kentucky 42002- 1155, or 300 South Third Street, Paducah, Kentucky 42003, Attention: President and CEO, with a copy to Denton & Keuler, LLP, 555 Jefferson Street, Suite 301. Paducah, Kentucky, 42001, Attention: Lisa .K. Emmons; and if to the Lessee at _ Kentuckv with copy to Macco Organiques Incorporated, a Canadian corporation, 100 Vlerlrtluir; Valleyfield, Quebec, Canada J6S 4N15, Attention: President. The Lessor and the Lessee may, by notice given hereunder. designate any further or different addresses to which subsequent notices, approvals, consents, requests or other corntuunications shall be sent or r, persons to whose attention the same shall be directed. but no such communication shall thereby be required to be sent to more than three addresses. SECTION 3 3. Governinia Law. This Lease and the IOU shall be deemed to be contracts made under the laws of the Cominonwealth cel' Kentucky and for all purposes shall be governed by and construed in accordance with the laws of the Commonwealth of Kentucky. The parties hereby consent to the exclusive jurisdiction of the state courts sitting in N,IcCraekan County, Kentucky and/or the federal court for the Western District of Kentucky; Paducah Di,,-ision with respect to all matters arising out of or related to this Lease. SECTION 34. Surrender of the Premises upon Termination. At the expiration or termination of this Lease for any reason, the Lessee shall surrender the Premises in as good condition as it was at the Commencement Date, reasonable and ordinary use, wear and tear excepted. SECTION 35. RIGHTS RETAINED BY LESSOR TO [Z4IL SPUR SNITCH. Lessor hereby retains for the benefit of Lessor, its invitees; agents, tenants, successors and assigns, the right, at any time, to access and coruiect, without compensation to Lessee, to the rail spur switch constructed by Lessee as a part of the Lessee Improvernents on the Project Site for purposes of facilitating the construction of a rail spur on any property within Industrial Park West or any other property owned by Lessor in the area. This right shall survive Lessee's purchase of the Premises in accordance with Section 36 of this Lease and shall be contained within arty such deed of conveyance from Lessor to Lessee. SECTION 36. Lessee Right of First Refusal to Purchase Premises. During the Term of this Lease, Lessee shall have a right of first refusal to purchase the Premises, including the Building and the Project Improvements (the "Refusal Right"). Such Refusal Right shalt be triggered by Lessor's receipt of a binding offer from a bona fide third - party purchaser which has been accepted by Lessor subject to this Refusal Right (a "Bona Fide Contract"), and Lessee must exercise the Refusal Right within thirty (30) days al=ter Lessee receives a copy of such fully -executed Bona Fide Contract from Lessor. If Lessee exercises the Refusal Right, Lessee shall purchase the Premises on the same terms and conditions as set forth in the Bona Fide Contract, except that Lessee shall have a minimum of sixty (60) days after exercise of the Refitsal Right to close such purchase. If Lessee does not exercise its aforesaid right of first refusal within the time period provided, Lessee's tight of first refusal shall terminate, in which event, Lessor shall be free to complete the sale. In the eVent of any default by Lessee lieretmder, the Refusal Right shall immediately terminate. [SIGNATURES APPFAR ON NEXT PAGE] IN TESTEMONY «'HERE:M. the Parties h..<<:e caused this itistrument to be executed in its name and cm its behalf bk- their Authorized Officers, effective as of the day and year first above written, LESSOR: Paducah-tfMcCracken County Industria) Dcvelopment Authority By:— Title- 'ani MOWU�t�l COMMONWEALTH OF KENTUCKY ) ) ss COUNTY OF MCCRACKEN ) The forgoing instrument was sworn and acknowledged before me this �day of 2013. by _ i�J ndirvm) _ (title) of Paducah- cCrackcn County industrial Development Authority, a goverrunental agency and instrumentality of the City of Paducah and the County of NreCracken, Kentucky, on behalf of said entity; Lessor. Vly commission expires NUT .RY PUBLIQ STATE AT LARGE �t 13 18 LESSEE: Macco Organiques Corporation By: _ U�4 ! � Title; �,-t�cAlijwt" PROVINCE STATE OF_QUEBCC COUNTY OF CANADA The foregoing instrument was sworn and acknowledged l3efore me this 31st day of May, 2013, by Robert Briscoe the President of Macco Orgmiques Corporation, a Kentucky corporation, on behalf of said corporation, Uessee. My commission expires cowwISSIONLI'..-4�T[1� preG�d e r F!G 0ANNON, CPA, CAt 20 * 502 19 COUNTY: tiICCRACKEN COON IN, KEN`T'UCKY By: COiVltil0NWEALTT�10 F KENTUCKY ) ) Ss COUNTY OF LICCR.ACKEN ) "f1let'e JiogoinL iilstiument was S�varn and acknowledged before me tT ?� lay of %��: , ?013, by _�//, 4Jr; (title) of the C. Ouilty of tMeCracken, Kentucky, on belia.lf of said eutity. Nly commission expires `Z-.I-ARY PUBLA(/,, STATE AT LARGE M CITY; CITY OF PADUCXH, KENTUCKY COt)4MONWEALTH OF KENTUCKY ) ) ss Wt-NTY OF ytCCRACKEN ) The foregoing instrument was sworlipid acknow edge- before me this day of , 2013, by M (title) of the Vity of Paducah, Kentucky, on beha of said entity. � 1 My commission exPires�.1 NOTARY P��j��$.TATE AT URGE �t2 �i 21 EXH[S[T A Project Site: 5455 Commerce Center Paducah, Kentucky BEING TRACT C, CONSISTING OF 10.2007 ACRES, IN MUSTRIAL PARK WEST, AS SHOWN, ON ME WAIVER OF SUBDIVISION PLAT AT INDUSTRIAL PARK WEST TO CREATE NEW TRACT F AND REVISE TRACT C OF RECORD N PLAT SECTION "L," PAGE 1308, IN THE VICCRACKEN COUTNITY COURT C'LERK'S OFFICE. SUBJECT TO DECL.ARA,riON OF PROTECTIVE COVENANTS AND RESTRICTIONS FOR INDUSTRIAL PARK WEST OF RECORD IN DEED BOOK, 1186, PAGE- 67, AND RERECORDED N DEED BOOK 1186. PAGE 643, IN THE AFORESAID CLERK'S OFFICE. BEING A PART OF THE SAME PROPERTY CONVEYED TO PADUCAH-NICCRACKEN COUNTY INDUS"TRIAL DEVELOPMENT AUTHORITY, A KENTUCKY CORPORATION, BY DEED DATED APRIL 25, 1997, OF RECORD IN DEED BOOK 871, PAGE 672. IN THE tMCCRACKEN COUNTY COURT CLERK'S OFFICE Commencement Date Letter [Date] Macco Organiques Corporation 100 Vtc,NPhur Valleyfield, Quebec, Canada J6S 4M5SRS Attention: President Re: Lease Agreement dated Mav 31, 20l 3, between Macco Organiclucs Corporation, a Kentucky corporation ("Lessee") and Paducah-N[cCracken County Industrial Development Authority ("Lessor") Ladies and Gentlemen: The purpose of this letter is to confirm the following: (i) The Commencement Date for the referenced Lease Agreement (ii) The Initial Term of the Lease e\,pires on Please acknowledge your agreement with the provision, )I' this letter by signing the extra copy of this letter and returning the same to the undersigned. Ackno�v ledged and Agreed to By: LESSEE: Ntacco Organiques Corporation 2 r Date 23 Sincerely yours, Paducah -McCracken County Industrial Development Authority By-.-- Title: 3y __ Title: EXHIBIT C Copy of Current Title Commitment Deflecting Existing Title Natters [Attached I INFORMATION The Title Insurance Commitment is a legal contract between you and Ine Company. It is issued to show the basis on which we will issue a Title insurance Policy to you. T`!e Policy will insure you against certain risks to the land title, subject to the limitations shovm to the Policy. The Con'ipany will give you a sample of the Policy form, if you ask. This Policy contains an arbitration clause. Ali arbitrable matters when the th4atter of Insurance is $2,000,000 or less shall be arbitrated at the option of either the Company or you as the exclusive remedy of the parties. You may review a copy of the arbitration rules at hr c)://vrww.alta.org . The Commitment is based on the land title as of the Commitment Date. Any changes in the land title or the transaction may affect the Commitment and the Policy. The Commitment is subject to its Requirements, Exceptions and Conditions, THIS INFORMATION IS NOT PART OF `HE TITLL INSURANCE COPA141 HENT. YOU SHOULD READ THE COP, bIIT+iMENT VERY CAREFULLY. If you have any questions about the Commitment, contact: FIRST AMERICAN TITLE INSURANCE COMPANY 1 First American Way; Santa Ana, CA 92707, TABLE OF CONTENTS AGREEMENT TO ISSUE POLICY CONDITIONS SCHEDULE A Insert 1. Commitment Date 2. Policies to oe Issued, Amounts and Proposed Insureds 3. Interest in the '_and and Owrer a. Description of the lard SCHEDULE B - REQUIREMENTS insert SCHEDULE B-li - EXCEPTIONS Insert AGREEMENT TO ISSUE POLICY We agree to issue policy to you according to the terms of the Commitment. When we shote the policy amount and your name as the proposed insured 'n Schedule A this Commitment becomes effective as of the Commitment Date shown in Schedule A. If the Requirements shown in this Commitment have not been n1let w1hin six months after the Commitment Date, our obligation under this Commitment vjill end. Aiso, our obligation under 'his Commitment will end when the Policy is issued and Ther our obligation to jou vJ11 be under the Poky. Our obligation under this Commitment is limited by the following: • The Provisions in Schedule A. • The Requirements in Schedule B -I. • The Exceptions in Schedule B -II. • The Conditions on Page 2 This Commitment is not valid without SCHEDULE A and Sections t and II of SCHEDULE B. First American Title Insurance Company lySGr, �. oPPaR4 n SEPUMBEB 2A• o 'r, b� • 1968 y+ • 44 ...... • i! - De. -Ills J Gilmore Timothy Kemp far I F 010% - PFesident Secretar; kThis _-ortmitnTeri :s ialid )r1; ::nen S-xedulea A ano 0 are 1'!acned) Copyright 2006.2009 American Land Td le Associ atlon. All rights re se rJed. Thr use Of :n.s form s'e seiclad A: fA hGersey Inn AL -.A rran-ue•s i ;c.aJ ;tan jwg is s: the .Year _f jse. All ether ;ses are O'ohi-.i;ed R=_printer Under icense 4rm the Amercan wand Title Assccla5on, Forin 501 1000 (6/212010) Page 1 of 4 1 ALTA Plain Language Commitment '6.17-06} e=, CONDITIONS 1 -i -, .(a) "Mortgage' means mortgage deed of trust or other security instrument ;btblic Records" means title recurJs -:y%, 'tat give constructive notice of matters sffecGny your title according to the state;tatites,vhera your ;and is located The Exceptions in Schedule B — Section 11 may be amended to show ar+ydefcc!jer's or encumbrances that appear for the first time in the public records or are created or attached beb✓✓een the ':omega ;; Date and the date on which all of the Requirements (a) and (c) of Schedule 8 — Section I are met. We sha+l tz',,� r ,; liability to you because of this amendment. LATER DEFECTS 3. EXISTING DEFECTS If any defects, liens or encumbrances existing at Commitment Date are rot ;ho:;'n +n Schedule 8. we may amend Schedule B to show them. If we do amend Schedule B to show these defects, :rens or encumbrances, we shall be liable to you according to Paragraph 4 below unless you knew of this information and &j ^ol :ell us .about it ir. writing. 4. LIMITATION OF OUR LIABILITY Our only obligation is to issue to you the Policy referred to in this Commitment. Wteo you have .net its Requirements. If we have any liability to you for any loss you incur because of an error in this Commitment. our liability will be limited to your actual loss caused by your relying on this Commitment when you acted in good to+th tc: or Comply with the Requirements shown in Schedule B — Section I E=liminate with our written consent any Exceptions shown in Schedt+;e 3_ Section +I. We shall not be liable for more than the Policy Amount shown in Schedule A of;his Commitment ar•d our liability +s subject to the terms of the Policy form to be issued to you. 5. CLAIMS MUST BE BASED ON THIS COMMITMENT Any claim, whether or not based on negligence, which you may have against us �cncern+ng the title to the land must be based on this Commitment and is subject to its terms. A' rte. G:)Lli.(I-'.I' I _G Sj,edula A iii -St American Title Insurance Company Sehedule a 1ssE1{n,� Oft --.:e file NO: 0517 3,PN1 '`IZ:.: 5455 Conunercc Drive, Paducah, KY 42001 Conituitment D_lte: Ma% 13, ?013, at 3.30 A..M. ?. l'olicN, of Policies to be issued (a) Owners 11L.)Iic�, ALTA Owners 6-17-06 -lmoullt of lasurance: STBD Propoied Insured. Padu,; all-LI,:Cracken COurttV I11dUSIri31 Dcvelopmen _ uchorit1 >. 1 he estate. or {nt.1'est'In the land described in this Commiuue,tl is tee simple, and at the elfeel:x-- date hereof vested in. Paducah-\lcCracken COunty Industrial Development Auth0HfV 4. The !and referred to in this Commitment is described as fokot s: See Description Attached Denton Kculcr. LLP r ,, By �L`dlori%ed SiL toil `FOR COMPANY REFERENCE PURPOSE ONLY. NOT AN INSLKING PRC)VI.SI()\ TUIS CO-MMITNIENT IS FURNISHED BY F(RSI- AMERICAN' TITLL INSUR.ANCI: COMPANY OR ITS POLICI .AGE\T SOLELY FOR THE (SSUANCE OFA POLICY OR POLICIES OF TITLE ISSt;RAVCF (.)I' FIRST A11E1ZI(.AN TITLE I`SURA,\'CE COMPANY. THIS CONI:XITTSIENT rS NOT AN .ABSTRACT OR A.N 0111NION OF TITLE. LLIBII.IT1 I-NDER PHIS CONIMITNIENT IS DEFINED BY AN'D LISIITED TO THE TERINIS .AND CONDIT(OvS OF THIS CO.%IN(ITNIEN T -kND THE TITLF INSURANCE POLICY TO BE ISSt'ED, PERSON'S AND FNTITWES NOT' t.fSTED ABOVE AS PROPOSED INSURED ARE NOT ENTITLED TO RELY UPON TEAS CONUN TIMENT FOR ANY PURPOSE. P[-F.\SF VISI'r HTTP;N�i'AA'11",t IRS1.iS1.00�i WHERE PREMIUMS MAY BE CALCI:LATE.D ..AM) OTHER TITLE REI.A TED CIIARGFS ARE LISTED. M -T A COMM'', \{k... n -I' -:tel SchAulz A LEGAL DESCRIPTIUy Being Tract C consisting of 10,2007 acres as shown ort the �Vail�-er of ubdivinion at the Industrial Park West to create new Uract F and revise Tract C of record in Plat Section L, page 1308, in the McCrackcr, Comfit} COUrt Clerk's Office. Being a part of the sante property conveyed to Paducah-ivlcCracken Comity Industrial Development Authority by deed dated Apri 25, 1997, of record in Deed Book 87 t, page 672. in the McCracken County Court Clerk's 0frrce. --TA CO`I-MIT`E NT i6 17 U� Schedule :\ 2 First Aniet-lean Title Ciistirance Company SCHEDULE LE B -- SECTION [ REQUIREMENTS issuing Office File No: 05171')PM T'lte following requirements insist be niet: Pay the aCreed amounts for the interest in rhe land and/or (lie mortgage to be insured. Pay tics the premiums, fees and charges for the policy. Pay all taxes and;'or assessments. le% ted and assessed against the lard, which are due and payahle. You must teff us ill writing the name of anyone not referred to in this Coninwi aew who will get an interest in the land or who will make a loan on the land. Documents, satisfactory to us, creating the interest in the land andior mortgage to be Insured, must Ilie signed, delivered and recorded. The undersianzd has exainined title to the subject property solely for the purpose of detcrmrnina the status of ownership of the subject proper,-. The undersigned has not been requested to. and has not. zn.'aluated the ,mancial soundness of the borrower or the sufficiency of value of the property as collateral fol ani loan and expressly disclaims any liability for the decision to enter into the loan, which decision is completely the responsibility ')f tine institution making said lean. if a policy is issued, a City of Paducah premium tax of 6% of the premium ti1UST BE collected in addition io the premium. The undersigned Itas examined title to the subject property solely for the purpose of determiniil'J the status ofownership of the subject property. The undersigned has not been requested to.. and has not, evaluated the financial soundness of the borrower or the sufficiency of value of the property as collateral for any loon, and expressly disclaims any liability for the decisioi, to enter into the loam, which decision is completely the responsibility of the institution making said loan. The property :address referenced here, if any, %vas obtained tram the local property assessor's office and is for informational purposes only. This exarnirier makes no certification as to the accuracy of the property- address and disclaims anv liability for y'otir reliance upon same. 10. Produce satisfactory evidence that all corporate etattties and partnerships involved in the conveyance of the insured property are duly organized and are In good standing in their state .}f incorporation!registratioia and the State of Kentucky. Further, that the Board of Directors of any corporation im-olved in this transaction approved by resolution. the sale or purchase of the �Lnsurcd property for the consideration to be given along \,vith designating a person, persons or class of Persons wh.o Cara execute the, documents and otherwise act on its behalf. schtdu,L! 5 — Sectuu: A1_'TA X70' -'f N 1 f Tt` (E;= [• �6-I'-)(j) 3 Fh-st Antet-icati Title hist atice Company SCHEDULE S — SECTION 11 EXCEPTIONS Issuirig Office FIle No. 05 1 -1 13PN I An}' policy we issue Will have the following exceptions unless they are taken care or to our satisfaction. 1. (a) T"►xes or- assessments that are aot, shown -is existing liens by the records of any taxing authority that levies taxes or assessniertts on real, property or, by the Public Records; (b) proceeditlgs by a public agency that idly result in taxes or assessments, or notices ot" such proceedings; whether or not shown by the records of such agency or by the Pu011c Records. 2. Any Facts, rights; interests or claims that are not shown by the Public Records but that could be asceilalned by an mspectlon of the Land or that may be asserted by persons in possession in the Land. 3. c,ascit cmn , Iicns or CrlCLImbrances, or claims thereof, not shown b% the Public Kccords. 4. Any encr•oaclimettt; _mcumbrance, violation, variation, or adverse circimistances atiecting the Title that WOUld be disclosed by an accurate and complete land survey of the Laird and riot ;howrt by thy: Pubiic Records. Any ritIrteraI or inIricral rights leased. granted or retained by' cttrreltt or prier ownzls Subject to Protectk c covenants and Restrictions for Industrial Park Writ of record it,. Deed Book 1 l 86. page: 67, and re-recorded in Deed Book 1186, page 643, in the IMCCtacken C01.111ty Court Clerk's Office. Covenants; conditions, easements, and notes are set forth in Plat Section L, page 1305, in the McCracken County Court Clerk's Office. Said plat reveals a 50` front minimtull building litre and a 25` minimum building line along the east property line. A 50' transmission line easemetlt runs along the rear of said traC•t and al 30' dratnaae and public utility- casernctit runs along the boundary of Tracts C and F (65' on each tract). A 7.5' t_ttility easemenI'M IS also r'ns along (lie cast property linC. The target tract. from which the above described property was taken is subject to an easement dated March 2 1, 1977, in favor of Paducah Power System. Said easement is of record in Deed Book 592, page 121, McCracken County Court Clerks Office. Said easement is 125' across property. The larger tract From 1,vhich the above described property was taken is subject to 1n easement dated February 5. 1975, in favor of Kentucky Utilities. Said permit is of reco,d in Deed Book 571, page 10, ti,IcCracken County Court Clerk's Office. Said easement is 50' across property . I l!). 1,11(e tamer tra'A from which the �ibove described property v,as lal:en is s*1 to A general permit Mated lune 30, 1930, in Ca<jol- )C Southern 3eli f�:lcphone & Telegraph Company Cor service across property, Said easement is of record in Deed Book i-/4, page 261. McCracken Cc►untti' COU11 Clerk's Office, I l . The tart4er tract Croin which the abov z described property vas taken is subizct to a ge1leral pe) -mut dated June 2S, 1928, in favor of southern Bell Telephone & Telegraph Company f'or clearance across said property. Said permit is oC record in Deers Book 165, page 247, McCracken County Court Clerk's Office. 12. This prat?crty ]vas tax ex rnp( for the ?01 , tax year. Citi, state and county advalorem taxes Cor 0l; are a lien assessed, not vet due and payable. 60-160.doc jch�sula 3 - ��::tigri fi ALl'A COLfMITNIE'T !?-,)6) Declaration of Proteefive Covenants and Restrictions Industrial Park 'Nest THIS DECLr1RATION is made on this 15`" January, 2010 by PADUCAH- MCCRACKEN COUNTY INDUSTRIAL DEVELOI'MFL T .k&1'I•IO12I'1'Y, (rhe "Developer" or "PMIDA"), a governmental agency and instrumentalit`1 of the City of Paducah, and County of McCracken, Kentucky, as the owner and developer of that certain real propei:ty located in Paducah, ivlcCrackea County, State of Kentucky, known as Industrial Park West (the Development). wrrNESSETH: WHEREAS, the Developer is the owner of certain real property located in Paducah, McCracken, Kentucky, more particularly described on Exhibit A; and WiIERf AS, the Developer has caused to bo developed aad continues to develop the aforesaid real property as an industrial parte, known as Industrial Park West pursuant to the public purpose of the City ofPaducah and Countyof McCracken ofenhancing economic development and providing qualityjob opportunities for the citizens of Paducah, McCracken County, and the Commonwealth of Kentucky; WHEREAS, in order to establish a general plan for the improvement and development of Industrial Park West, the Developer desires to subject the aforesaid real property to certain conditions, restrictions, easements, and covenants, upon and subject to which the aforesaid real property shall be held, transferred, sold, leased, conveyed, and occupied for the benefit of the current owners and all future owners in Industrial Park West; and WHEREAS, the imposition of the conditions, restrictions, tasetneitts, and covenants contained in this Declaration was approved by the board of directors of the Developer on or about Tanttaty 26, 2001, and on lanuary 15, 2010 authorized and directed the recording of these conditions, restrictions, easements, and covenants in the McCracken County Court Clerk's office; and NOW, THEREFORE, the Developer hereby declares that the aroresaid real property, shall be held by the Developer and each subsequent owner subject to the conditions, restrictions, easements, and covenants contained in this Declaration which shall run with the land and be binding upon all parties having any right, title or interest in the aforesaid real property, their heirs, successors and assigns and shall inure to the benefit of the Developer and each subsequent owner. )i OGS- 644 1.0 I'MMITTED USES: Ad[ such real estate shall be used for manufacturing, corporate or regional headquarters, and/or warehouse and distribution purposes. Factory retail outlets, if products sold at retail are manufactured on th-. premises, are allowed as secondary operations to the manufacturing purposes. In addition, educational and training facilities, day care centers for children of employees, and/or other purposes directly related the operation of the facility or human resources purposes are allowed contingent upon prior Written approval of the PMIDA. 1.2 HAZARDOUS OR ILLEGAL USES: No grantee, lessee or occupant shall utilize or allow the utilization of such premises, or any portion thereof, for the manufacturing, storage or distribution or sale of any products or items whicLi will increase fire hazards to adjoining properties or for any purposes which constitute a nuisance or causes emissions or odors or bases injurious to products manufactured or stored upon adjoining premises or premises within 500 feet of said properly, or for any purpose or use that violates the liws of the United States of Ametica, the Corrimonwcaltli of Kentucky or appticahle city or county ordinances or resolutions. 1.3 EXCAVATION: No excavations or excavating work shall be permitted on any part of said real estate except on such real estate inunediateiy prior to and dra-irng the constniclion of such buildings and tangible unprovements or repairs. No soil, sand, gravel niitteral:,, aggregate or earth roatecials shall be removed fforn said real estate except as part of such excavations made for the purposes of constructing buildings and tangible improvements on said real estate. 1.4 OUTSIDE STORAGE: No materials, inventory, goods -in -progress, semi -manufactured items, finished products, plant equipment, parts, rubbish, work iraterials or other personal property shall be kept, stored, maintained or accumulated on anyprrrt of said real estate outside of buildings erected thereon, in the public view. When necessary to store or keep materials in the open, the lot area shall be fenced with a screening fence at lease six (6) feet high and storage shall be limited to the rear two-thirds (2/3) of the property, except where prior written approval of the Piv11DA is secured. 2.0 SETBACKS RIND GROUND AREA COVERAGE: The regulations, lot sizes, setbacks and yard dimensions shall be in accordance with applicable zoning ordinance of the City of Paducah and/or the County of McCracken except: (a). minimurn lot sizes shall be 3 acres; (b). all structure shalt be set back at least fifty (50) feet from the right ofway (front setback) and paving shall be twenty-five (25) feet from the right of way; (c). ito building shall be located closer than twenty-five (25) feet to the rear and side lot lines and paving shall be no closer than five (5) feet from the rear and side lot lines; (d). not more than fifty pc;cent 5035 of any lot shall be covered by structure. 3.0 CONSTRUCTION iNIATER-LAi,S AND APPEARANCE: Front exterior wall shall be of masonry concrete, glass, stucco or decorative concrete block or approved equivalent material, unless all exterior walls are at least fifty percent (50%) composed o. the aforementioned i materials. All gutters, coping, and metal trim shall be of sufftciett gage to eliminate unsightly effects with age and all colored metal shall have a life expectancy o; twenty (20) years. No galvanized sheet metal will be permitted. 2 0G9 3.1 APPROVAL BY PMIDA: All other types of construction not covered by the above description must first be submitted and have written approval by the PM DA. 3.2 CONSTRUCTION SCHEDULES: The P\JUDA sliall have dw pokvcr tJ approve the con;truc60n. sclledul.e of any development by gra.ntce or lessee, rlrty raritee or lessee taking title or leasehold interest in any realty in the park shall begin construction within one (1) year of closing on said real esta[e or execution of lease. Complotiof1 of;;ortstnrcfion shi-ill be substantially iti accordance with the ptans and specifications approved by the PMEDA. 3.3 REFUSE CONTINERS; Refuse containers must be Located at the side or rear of the building and screened. 3.4 111�ATING .AND COOLING TOWERS: All heating and cooling towers placed on the roofs of'buildrngs shall b� screetled or eacloscd CI'om t1Ze street view so that they are architecturally compatible with the rnain portion oftlie builcliug. 3.3 LOADING DOC;I<S AND TACILITES: Provisions for llatulling all freight, whether by rail or truck, must be on those sides of any building which do tiot face a frontage street. All loarlirig docks must be located at the rear or siders of the build] ags. Lcadirig Caci.lities shall- be constructed so that no pant of the longest legal loading veliicic f�;;ing unloaded at any luaditig dock, door or area will extend beyond the parcel bouadwry line, MI loading areas shall be screened C'onl the street view. 3.6 PAMYNG: Employce, customer, owner or I:enatit parking kvill not be permitted on any public street rrovv in existence, through or adjacent to the above described realty, Parking areas must be paved with year round surface (asphal t or concre(e;). Paved and marked off-street partdiary areas sufficient for all the automobiles .and trucks of any business and its etiiployees, customers, visitors and other vehicle parking used in the conduct of the business shall be provided on each parcel. 3.7 FRONT SETBACK PARKING: On all parcels barking in the front setback area shall be limited to noncommercial vehicles only and shall not exceed 50')/, of the required mirlitnum front setback areas. 3.8 AMOUNT OF PARKJNG: manufacturing: One passenger car parking space shalt be pro ided for every 800 square feet of building area. warehouse/distribution: One passenger care parking space sliall be proviced for 5,000 square f -.et of gross floor area. business & professionaI offices.- One passenger car parking space ;hail he provided for every 250 square feet of gross floor area, 4.0 UNDERGROUND UTILt'riF.S: All electric power line, telephone lige, water pipe, gas pipe, sewer pipe, or drainage pipe (other than rainwater leaders) shall be installed and maintained O .10 below the surface of the ground, except for nreter connections. Exceptions should be approved prior to construction by the PMMA. 4.1 UTILITY EASENIENTS: At utility easernents shall be kept free of all structures and pemianeat plantings of trees, ground covers, or shrubs unless prior written approval is obtained from the utility provider and MMIDA. 5.0 SITE iV1AINTENCE: Sites that are not improved or built upon shall be: maintained in a clean and neat appearance by the property owner or lessee. All of said real estate and all buildings, structures, improvements, appurtenances, signs, lawns, laludscaping, sidewalks, driveways, parking areas, and entrances thereon must at all times he maintained in safe, clean and good condition. 6.0 LANDSCAPING: The land of building lines shall be properly landscaped andl'or surfaced for parking areas, shall be maintained by and at the expense of the grantee, lessee or occupant of the premises. A mir<imtrm of Live percent (5%), or as approved by Clie PMIDA, of the property not covered by buildings shall be lwidscapc.d in materials other that ground cover. Landscaping should be used to enli.ance screening of objects unsightly form the street view, to break up barking lots by adding ptmiting strips, grid to gcnerally lessen the severity of the appearance of the lot and Parlc. 0.1 TYPIzPS OF LANDSCA-PING: In addition to trees, ground cover, and gardens, landscaping may 1rncIud�, wlie re ap1)ropElia tr;, the use of walls, berms, screeLuing, terraces, fountains, pools, ctc. The saving of Mshng vegz,tation, when possible, especially trees, is of prime irnpotlulce. 6.2 APPROVAL OF LANDSCAPING: Plans Cor both landscaping and parking areas must be approved by the FNMA. 7.0 SIGNS.- All signs 'in the Park shall comply with the regulations of any federal, state, local or other governmental authority now or tater created that lids jurisdiction. All signs, including their sizes, graphics, colors and placement on lots and/or buildings must be approved by the HIDA prior to erection or construction. 7.1 NUMBER OF SIGNS. One logo/em5tem!graphic sign that is flush mounted to a building facade will be allowed in addition to one free-standing sign located in the front yard of the building. If more than one tenant occupies a building, one muthple tenant identification sign evill also be allowed. Internal directional signage on lots for the purposes of routing trucks, visitors, customers will be allowed only with prior written approval of th,- PyICDA 7.2 INFOWATION ALLOWED: Sig -tis on any parcel shall be limited solely to those that identify the name and type of business of the tenatut. 7.3 SIZE OF SIGN: "I?he size of the sign shall be in direct proportion to the size of the building and the exposures to the roadway or street. The topmost point of any freestanding sign shall be no higher than S feet above the finished parcel grade on which it stands and shall be no more the E 47 sixteen (16) feet in length. No suns shall obstruct the visions ofautornotive traffic. 7.4 TYPE OF SIGN: Signs shall be of a permanent nature. Neon, flashing signs, billboards, advertising of products or services or containing other direct sales infornnat:on are prohibited. No signs or advertising devises shall be mounted directly or painted on the exterior roof of any building. 7.5 O'iT1:-il, R MEDIA: No devices such as flashing or rotating devices, phonographs, radios, public address systems or sound productions or reproduction devices are permitted in advertising or identifying the building. 8.0 RESUDI'VISION OF LOTS: No resubdivision of lots is allowed without prior written approval of the PMIDA. In the event there is any conflict between these covenants, conditions and provisions and the zoning ordinances of the City of Paducah and/or the County of McCracken, such shall be resolved in favor of the more restrictive provisions. These restrictive covenants shalt be deemed for the benefit of the present and futura owners and occupants of the Park and may be enforced at law or in equity by the Paducahi'McCracken County Industrial Development Authority, incl any grantee, lessee or other occupant utilizing tine facilities of the above-described realty and/or any other member of the general public. These restrictive covenants shall be in full force and effect for a period of 50 years from the date hereof, and unless altered, amended or terminated in writing by three-fourths of all grantees, lessees or occupants of the above-described realty, the same shall be extended automatically for another 50 years. 1lie effective date of this Declaration shall be January 26,200 1. WITNESS the signatures of the Developer and subsequeritowners as ofthe date first above written. DEVELOPER: PADUCAII-NICCR_8CKEN COUNT" INDUSTRIAL DEVELOPMENT AUTHORITY J By 1 Title c /ilko 0,72 G"18 Have seen and agreed. OWNERS: CITY 0 { Ilk- - i COUNTY OF rVICCRACIal N, KENTUCKY By By Titles Title U Ca = 7, _ STATE OF KENTUCKY COi1NTY OF McCRACKEN The foregoing instntmenf was acknovrledned before me this day of > 2010, 6 A")- f? �/,n �,, , G' ; Z!_j (title), of the Paducah-INfcCracken County Industrial Development Authority, on behalf of said entity. My conunission expires �e � I Not y. Ptfblic, St�6t Large STATE OF KENTUCKY COUN PY OF McCRACKEN The Coregoing instrument was acknowledged be fore me this /3 clay o f ry l , 20 t O, I) v (title), of the City of Paducah, Kcimicky, on behalf of said entity. -. '•., qty coin onission expires � . _ � �. ham- ;,� •�,c;�-ia�1�lF' :� . j 3;j ' Notary Public, State at Large 073 STATE OF KENTUCKY COUNTY OF McCRACKEN ) The foregoing instrument was acknowledged before me this%3 day of 2010, by L[l rr d �t=.L.nC,t.::hy Eof the County of y(cCracken, ,w-K4anfucky, on beha f of said entit ;, +�qr.,: •: y commission expires Nocary Public, State at Large r . ;j rumeni prepared by: WVW-5511 � DENTON & KEULER, LLP P. O. Box 929 Paducah, KY 42002-0929 7 b:>0 074 EXHIBIT A Industrial Park West Parcel I BEING A CERTALN TRACT OF LA -`D CONTAINING 192.3326 ACRES AS SET FORTH ON THE PHASE ONE RIGHT OF WAY DEDICATION AND FNAL SUBDIVISION OF THE PADUCAH-hfCCRACKEN COUNTY TNDUSTRIAL DEVELOPti1ENT ALTHORITY PROPERTY OF RECORD IN PLAT SECTION "L," PAGE 648, IN THE NICCRACKEN COLFNTY COURT CLERK'S OFFICE. SUBSEQUENTLY DESCRIBED .AS BEING TRACTS A, A-1, B, AND C N INDUSTRIAL PARK WEST AS SET FORTH ON THE PHASE U RIGHT OF WAY DEDICATION AND Fr AL SUBDIVISION OF THE PADUCA I-N,ICCPU�CKEN COUNTY NDUSTRIAL DEVELOPNIENT AUTHORITY PROPERTY OF RECORD IN PLAT SECTION "L," PAGE 1165, IN THE NfCCRACKEN COUNTY COURT CLERK'S OFFICE. BEING THE SAME PROPERTY CONVEYED TO PADUCAH-MCCRACKEN COL NIrY INDUSTRIAL DEVELOPMENT AUTHORITY, A KENTUCKY CORPORATION, BY DEEDS DATED JULY 2, 1997, OF RECORD IN DEED BOOK 875, PAGE 32, AND RE- RL•COIZL7LD IN DEED BOOK 897, PAGE 307, AND DEED DATED APRIL 2S, 1997, OF RECORD IN DEED BOOK 971, PAGE 672, N THE MCCRACKEN COUNTY COURT CLERK'S OFFICE Parcel it BEING A CERTAIN TRACT OF LAND CONTAINING 16.386A ACRES AS SET FORTH ON THE PT =kT OF ANNEXATION OF THE PADUCAH-tviCCRACKEN COUNTY INDUSTRIAL DEVELOPIvfENT AUTHORITY PROPERTY OF RECOR-D IN PLAT SECTION "L," PAGE 912, N THE ivtCCRACKEN COUNTY COURT CLERK'S Of:FTCE, BEING THE SANIE PROPERTY CONVEYED TO PADUCAH-NICCRACKEN COUNTY INDUSTRLAL DE.VELOPNIENT AUTHORITY, A KENTUCKY CORPORATION, BY DEEDS DATED tifARCH 8, 2002, OF RECORD IN DEED BOOK 975, PAGE 313, DATED AUGUST l9, 2002, OF RECORD IN DEED BOOK 987, PAGE 524, AND DA'Z'ED SEPTEMBER 3,2M.2, OF RECORD IN DEED BOOK 989, PAGE 62, ALL OF RECORD TN THE 11�fCCRACKEN COUNTY COURT CLERK'S OFFICE, STAT?` OF KENNWOKY 1 SGT. OF hicCRACKEN I, Jef[Jerrell• Qark of Ino County Cour! Ict fhe Cou;,tyand Staie a'oresaia, do �ti+fy' The! Ih0 ,o(c otng Ins, IM 01 wr hg timet (ad cd for record on tho day a[ t 20 L� ct I.1. o'acck. Ind t 1''3" r-#"0(fJ f me szrm ltgsltar vnZ, i ois end J ierne,o;rq comb at t Ti fFcn in G ven u,YJer rrrj hard ads day 'f L— 2r7 JEFF) M I.,ClyPC Dy �Z 1 wf` C: 1709:8 Agenda Action Form Paducah City Commission \•leetin2 Date: March 11. 2014 Short Title: AUth0I"lZing Interlocal Cooperative Agreement with McCracken County and GPEDC. Inc.. for construction of renovation to the spec building located at 5455 Commerce Drive in Paducah. in connection With a public project to be leased to Macco Organiques Corporation ("Macco"). ❑ Ordinance ❑ Emergence X \lunicipal Order ❑ Resolution ❑ Motion Staff NVork By: Jeff Pederson, City Manager Presentation By: Jeff Pederson. City Manager Background Information: On April 10. 2013. Cite. McCracken County. GPEDC. Inc. and IDA entered into a Memorandum of Understanding ("MOU") with Macco for the relocation and development of an lndustnal/dlStrlblltlon facility at the spec building located at 5455 Commerce Drive. (the 'Project Site') in Paducah. Under the MOU. City and County each agreed to commit 51.250.000 (total of S2.5 million) (the -Construction Allowance") for the construction of certain renovations to the spec building and site preparation (the "Project Improvements") in order to make the site suitable for occupation by Macco. An} cost in excess of the Constr-uetion Allokk ince shall be the responsibility of Macco. Originally the Project Site was mvned by IDA. however. as a result of the Construction Allowance commitment of City and COUllty and the financing of same Cite and County �k ill own the Project Site. Further the City and County have assumed the obligations of IDA under the Lease Agreement entered into on Mav 31. 2013 between IDA. as lessor. and ]vlacco. as lessee and subsequently° assigned by IDA to the Cityand Count. These transactions further the public purpose of the Cite to achieve lona-term economic erow(h and employment opportunities for its citizens. Also pursuant to the NIOU and Lease. Cite and County are to super\ ise and oversee the construction of the Project Improvements on the Project Site. In order to accomplish this construction. Cite and COU11ty desire to enter into an Interlocal Cooperative Agreement with GPEDC. Inc.. to ettabI1Sh their respective rights and duties in connection \+ ith the construction of the Project improvements on the Project Site. all in accordance with the Interlocal Act. Therefore. 1 seek approval from the Cite Commission to enter into and have the \la\or execute (1) the Interlocal Cooperative Agreement among Citx. Count. and GPEDC. Inc.. in Agenda Action Form substantialk the form attached hereto as Exhibit A. Goal : XStmng EconomN- ❑ Quality Set-vlces❑ Vital Neighl orhoods❑ Restored Dori ntow ns Funds Available: Account Mame: Account Number: Finance Staff Recommendation: Attachments: Department Head Cite Clerk Cit} N-Linager I -osb ORDINANCE NO. 2014 - AN ORDINANCE OF THE CITY OF PADUCAH, KENTUCKY. APPROVING AND AUTHORIZING THE EXECUTION OF AN INTERLOCAL COOPERTIVE AGREEMENT AMONG THE CITY OF PADUCAH, KENTUCKY, THE COUNTY OF ?vICCRACKEN, KENTUCKY, AND G,P.E.D,C., INC. WHEREAS. City and County are each owners of an undivided ',,z interest in certain a spec building (the "Building") located at 5455 Commerce Drive (the "Project Site"). in Paducah, McCracken County, Kentucky; and WHEREAS. City and County have a compelling public interest in fostering economic development, promoting the development of a skilled workforce, relieving conditions of unemployment, replacing lost jobs, expanding local tax bases, and increasing general commerce, all to the benefit of the citizens and residents of the city of Paducah and the county of McCracken. Kentucky: and WHEREAS. City and County have determined that in order to accomplish the public purposes of City and County, it is desirable and necessary for City and County to construct the Project Improvements to the Building located on the Project Site utilizing the Construction Allowance funded by City and County, and that City and County shall lease the Building as improved and the Project Site (collectively, the "Premises") to ,\/IACCO Organiques Corporation (the ",Corporation") for the purposes of locating, installing, equipping, operating and managing an industrial/distribution facility and the hiring and maintaining =40 new full-time employees at the Premises ((lie "Project"), all as more particularly set forth in a certain Lease Agreement, as the same may be amended or supplemented, dated May 31, '013. among the Corporation, as lessee, and IDA, as lessor, and subsequently assigned to City and County, as lessors; and WHEREAS, City, County, and GPEDC desire to enter into an agreement which sets forth the common plan of construction that the City of Paducah, County of iVlcCrackern, and G.P.E.D.C., Inc., ("GPEDC") will follow together to undertake the construction of Project Improvements to the building and site situated at 5455 Commerce Drive, Paducah, McCracken Comity. Kentucky in the most cost effective manner for a rental arrangement with MACCO Organiques Corporation: and WHEREAS, pursuant to Sections 65.210 to 65.300, inclusive, of the Kentucky Revised Statutes, as amended (the "Interlocal Act"), the City and the County may join together to accomplish what each may accomplish individually. NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF PADUCAH, KENTUCKY, AS FOLLOWS: Section 1. The City of Paducah. Kentucky, hereby approves the Interlocal Cooperative Agreement between the City of Paducah. Kentucky, the County of McCracken. Kentucky. and G.P.E.D.C. [lie. in substantially the form attached hereto as Exhibit A and made part hereof. It is hereby found and determined that the Interlocal Cooperative .agreement furthers the public purposes of the City and it is in the best interest of the citizens, residents and inhabitants of the City that the City eater into the Interlocal Cooperative Agreement for the purposes therein specified and the execution and delivery of the Interlocal Cooperative Agreement is hereby authorized and approved. The Mayor is hereby authorized to execute the Interlocal Cooperative agreement, together with such other aareements. instruments or certifications which may be necessary to accomplish the transaction contemplated by the Interlocal Cooperative agreement with such changes in the Interlocal Cooperative Agreement I10t inconsistent with this Ordinance and not substantially adverse to the City as may be approved by the official executing the same on behalf of the City. The approval of such changes by said official, and that such are not substantially adverse to the City, shall be conclusively evidenced by the execution of such Interlocal Cooperative Agreement by such official. Section ?. Severability. If any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section. paragraph or provision shall not affect any of the remaining provisions of this Ordinance. Section I Compliance With Open Meetings Laws. The City Commission hereby finds aIld determines that all formal actions relative to the adoption of this Ordinance were taken In all open meeting of this City Commission, and that all deliberations of this City Commission acid of its committees, if anv. which resulted in formal action, were in meetings open to the public, In full compliance with applicable legal requirements. Section 4. Conflicts. all ordinances, resolutions. orders or parts thereof in conflict with the provisions of this Ordinance are, to the extent of such conflict, hereby repealed and the provisions of this Ordinance shall prevail and be given effect. Section 5. Effective Date. This Ordinance shall be read on two separate days and will become effective upon summary publ icatio1l pursuant to KRS Chapter 424. \dAYOR ,-ATTEST City Clerk IntrodClCd by the Board of Commissioners, , 2014 Adopted by the Board of Commissioners, Recorded by City Clerk, Published by The Paducah Sten, 3 , 2014 2014 , 2014 EXHIBIT A TERLOC aL COOPERATIVE AGREEN-IE\ INTERLOCAL COOPERATION AGREEMENT THIS INTERLOCAL COOPERATION AGREEMENT (this "agreement') made and entered into as of the day of March 2014 by and between the CITY OF PADUCAH. KENTUCKY ( "City"), the COUNTY OF McCRAC KEN, KENTUCKY ("County"). azld G.P.E.D.C., INC., a Kentucky non-profit corporation, doing business under the assumed name of Greater Paducah Economic Development Council, ("GPEDC"). WITNESSETH WHEREAS, City and County are each owners of an undivided [/z interest in certain a spec building (the "Building") located at ���� Commerce Drive (the '`Project Site"), in Paducah. [McCracken County, Kentucky, which property is more particularly described in Exhibit a: and WHEREAS, City and County have a compelling public interest in fostering CCOnomic deve[op[nem, promoting the development of a skilled workforce, relieving conditions of unemployment, replacing lost jobs, expanding local tax bases, and increasing general commerce, all to the benefit of the citizens and residents of the city of Paducah and the county of McCracken. Kentucky: and WHEREAS, City and County have determined that in order to accomplish the public purposes of City and County, it is desirable and necessary for City and County to construct the Project Improvements to the Building located on the Project Site utilizing the CO1istlZlCt1011 Allowance funded by City and C011Ilty, and that City and COLInty shall lease the Building as improved and the Project Site (collectively, the "Premises") to I ACCO Organiques Corporation (the "Corporation") for the purposes Of locating, installing, Zquippino, operating and managing all lndUstrial/distrbutl011 facility and the hiring and maintaining 40 new full-time employees at the Premises (the "Project"), all as more particularly set forth in a certain Lease Agreement, as the same may be amended Or supplemented, dated iNlay 31, 2013, among the Corporation. as lessee, and IDA, as lessor, and subsequently assigned to City and County, as lessors {the "Leasee) (terns not otherwise defined herein shall have the sande meaning as set forth in the Lease): and WHEREAS, pursuant to Sections 65.210 to 65.300. 111clusive, of the Kentucky Revised Sta[Utes, as amended (the "Interlocal Act") City and County may join together to accomplish what each may accomplish individually. an([ WHEREAS, as a result to the foregoing findings, City Ind County have determined that it is advantageous and in the best interests of the inhabitants of the Cit} and the County that City and County proceed together to undertake the construction of thz Project [mprovenlents in the most cost effective manner pursuant to this agreement and the interloca[ Act: and WHEREAS, City, County. and GPEDC nO%V wish LO establish their respecti�-e rights and c[Llties in connection wide the constriction of the Project Irnpi-m-ements on the Project Site. all in accordance with the Interlocal Act: NMV. THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS BETWEEN THE PARTIES, IT IS AGREED AS FOLLOWS - t. DEFINITIONS "BUILDING" shall mean that certain existing spec building as improved by the Project Improvements located on the Project Site. "CITY" means the City of Paducah, Kentucky acting by and through its City Colnmissioll. "CITY'S CONTRIBUTION" means the amount of S I.250,000 to be committed by City for the Construction Allowance. "CONSTRUCTION AGREEMENT" shall mean (i) the constriction agreements between City, Countv, and contractor Or contractors selected by the Project Manager with respect to the construction of the Project Improvements and (ii) all agreements related to the construction of the Project Improvements. "CONSTRUCTION ALLOWANCE" shall mean LIP to and not to exceed S2.5 million committed by City and County pursuant to the IOU for the construction of the Project Iniprov ements on the Project Site. "CONSTRUCTION FUND" means the account established. by GPEDC into vvIlicll the Contributions shall be deposited. "CORPORATION" shall mean MACCO ORGANIQUES CORPORATION, a Kentuckv corporat ion. "COUNTY" means the County Of McCracken, Kentucky acting by and through its Fiscal Court. "COUNTY'S CONTRIBUTION" means the amount or S1.250.000 to be committed by County for the Construction Allowance. "GPEDC" shall meati the G.P.E.D.C., INC., doing business udder the assuIlled rlarne of the Greater Paducah Economic Development Council. Inc., a Kentucky not-for-profit- corporatiotl. "LEASE" means the Lease Agreement dated May 3t, 2013 alnorlg the Corporation, as lessee. and IDA. as lessor. �vhicll lease was subsequently assigned to City acid County. as lessors. "INTERLOCAL ACT" means KRS 6.210 through 65.300, "KRS" means the Kentucky Revised Statutes, as amended. "PREMISES" shall mean, collectively-. the Building. the Project Improvements and the Project Site. "PROJECT" shall mean the locating, installing, equipping, operating and managing an industrial/distribution facility by Lessee, and the efforts of Lessee to meet the Employment Commitment, all as more particularly set forth in this Lease and the iVIOU. "PROJECT [IMPROVEMENTS" shall mean the renovation of the Building and site preparation of the Project Site to create a space and environment reasonably suitable for the operation of the Project as contemplated by the Project Plans. The renovation of the Building shall be designed and completed in such manner and to such standards as to comply with state, local and federal regulations applicable thereto. "PROJECT EVALUATOR" shall mean the authorized designee of Peck Flannery Grearn Warren, Inc., a Kentucky corporation with a principal office located at 101 South 4`h Street, Paducah, Kentucky 42001. "PROJECT MANAGER" shall mean GPEDC. "PROJECT SITE" shall mean the site on which the Building is located and the Project Improvements and the Lessee Improvements are to be located and Lessee is to equip, operate and manage the Project. which site is generally located at 5455 Commerce Drive, Paducah. ivicCracken County, Kentucky, and is more particularly described in Exhibit .k attached hereto. ?. GENERAL CONSTRUCTION PLAN It is the intention of the parties to this Agreement to set forth their respective rights and duties in connection with the construction of the Project Improvements on the Project Site. The Contributions of City and County shall be utilized to fund the Construction Allowance. City and County shall timely deliver their respective Contribution to the Project Manager. Upon receipt of the Contributions, the Project Manager shall place the Contributions into a non-interest bearing account in federally insured institution (the "Construction Fund"), and thereafter hold the Construction Fund, subject to the instructions and understandings as provided under this Agreement. The Construction Fund shall be remitted by the Project Manager to pay the costs of the construction of the Project Improvements on the Project Site up to an amount not to exceed the Construction Allowance. Pursuant to the Lease, the Corporation shall be responsible, at its own cost, for the design and construction of the Project Improvement, in excess of the Construction Allowance. City and County shall cause, supervise, and oversee, through tine Project Manager, the design, construction and completion of the Project Improvements in such manner and to such standards as to comply with state. local and federal regulations applicable thereto and to create a space and environment reasonably suitable for the operation of the Project. The Project Manager may retain the professional services of a qualified Project Evaluator %vho shall assist the Project Manager in administering the construction of the Project. and the remittance of the Construction Fund. In relation thereto, the Project Evaluator shall have the right and authority to (i) inspect the construction \,kork that has been provided oil the Project improvements. (ii) consult with the 9 contractor and iCs subcontractors and material providers on con�tructlon matters and costs, {iii) verify that the Project Improvements are being constructed in accordance %vith the construction plans and specifications. (iv) verify the costs of construction and the percelltage of completion of construction, (v) approve or reject applications for payments, and (vi) perform any other activity as directed by the Project %tanager on behalf of City and CoLinty. The Premises is owned by City and County and is leased to the Company in accordance with the Lease. City and County shall deliver possession of the Premises as improved to the Company on the date a certificate of occupancy for the Premises has been issued by the appropriate governmental authority (the "Commencement Date"). 3. GPEDC TO ACT AS PROJECT MANAGER FOR ADMINISTRATION OF THIS AGREEMENT AND CONSTRUCTION OF PROJECT IN MVEMENTS In connection with the administration of this agreement and the construction of the Project Improvements, City and County designate GPEDC as the Project Manager for all purposes relating to the construction of the Project Improvements, including without limitation the following: (a) Review of the design of the Project Improvements (b) Obtain competitive bids in accordance with the Kentucky %[ode[ Procurement Code (KRS Chapter 45A), t1}e Procurement Code of the City of Paducah and all other applicable legal requirements including. without limitation, prevailing wages, for the construction work that is required for the construction of the Project Improvement,; and award the contract to the responsible bidder who submits the responsive bid of the lowest evaluated bid price as reasonably determined by the Project Manager after consultation with the City %tanager and the County's Deputy Judge Executive. (c) Negotiation of the Construction Agreement for the construction of the Project Improvements in a tiinely and workmanlike manner that is in accordance with generally accepted construction practices, which construction agreement shall be submitted to and approved by the governing bodies of City and COMM (d) Timely completion of the construction of the Project Improvements and obtaining a certificate of occupancy for the Premises issued by the appropriate governmental authority (e) Upon completion of the construction. Project Manager shall obtain final lien waivers from the contractor and its subcontractors and material prop Lders which effectively release their lien interests against the Premises. (f) Performance of all other duties customarily incident to the foregoing provisions of subparagraph (a), (b), (c), (d) and (e). Actions heretofore taken by the Project Manager in such respects are expressly affirmed and ratified by City and County. 4 4. APPLICATIONS TO THE PROJECT MANAGER FOR PAYINIEN'r OF CONSTRUCTION COSTS. The Construction Fund shall be disbursed by the Project Manager as follows: (a) Written requests for payment of the costs of the Project Improvements payable under the Construction Agreement in such amounts not to exceed the Construction Allowance Shall be submitted to the Project Manager, subject to the provisions and restrictions of this Section. (b) All requests for payments shall be evidenced by a properly completed AIA construction form 0702 (application and Certificate for Payment) that has been duly executed by the contractor, and approved by the Corporation's architect. Requests for payments shall also included interim mechanic and materialmen lien waivers that have been duly executed by the contractor, and its subcontractors and material providers, which shall contain the amount of payments received by each of them, and a lien waiver to the extent of those amounts. (c) Upon receipt of a request for payment, the Project Manager shall submit a copy of the request to the Project Evaluator for approval, The Project Evaluator shall review and evaluate the construction costs and other information contained in the request and determine whether the application is in conformance with the Construction Agreement. in the event the Project Evaluator approves the application, the Project Evaluator shall submit the application to the Project Manager for its review and acceptance. (d) If the Project Evaluator approves the application, the Project Manager shall remit the requisition out of the Construction Fund, provided, however, (i) the amounts requisitioned do not exceed the Construction Allowance, (ii) there has not been filed with or served upon City. County or the Project Nlanager notice of any lien or attachmentuport, or claim affecting the right to receive payment of any of the amounts requisitioned and pa\'able to any of the persons, firms or corporations named in such application which has not been released or will not be released Simultaneously with such payment, and (iii) such requiSitioa contains no item representing payment on account of any retained percentages of the colt of construction of the Project Improvetnents which City and County are at the date of such requisition entitled to retain. (e) The Project Evaluator shall reject an application (or any part thereof) for nonconformance, incompleteness, inaccuracy, nonperformance of work, nonconforming work. failure to perform, and other valid grounds. In the event tie Project Evaluator rejects an application (or any part thereon, the Project Evaluator shall issue a written directive which sets forth (i) the portion of the application that has been rejected. (ii) the grounds for the rejection. and (iii) the portion of the request that has been approved for processing. The Project Manager shall have final approval on all applications for payment. In the event, the Project !Manager rejects any application (or any part thereon, the Project Manager shall comply with the rejection procedure as set forth in this paragraph. {f) An application rejected by the Project Evaluator or the Project Manager shall not be paid until a cure or remedy is provided by the contractor and approved bytheProject Evaluator and the Project Manager, whichever is applicable. 5 ( g ) All reasonable costs and expenses incurred by the Project tManager as a result of this Agreement, including without limitation attorney fees and cost of the Project Evaluator's services, shall be paid Out Of the Construction Fund. (h) The Project Manager shall keep and maintain complete and detailed records with respect to the Construction Fund. Additionally, the Project Manager shall provide timely notice of all remittances from the Construction Favid to the City Manager and the County's Deputy Judge Executive. The notice shall include without limitation the request for payment and Supporting documentation, (i) At such time as all moneys due to be disbursed from the Construction Fund have been so disbursed and paid, the balance ill such Construction Fund, if any. shall be transferred by the Project Manager in accordance with the mutual written instructions of City and County. 5. ADMINISTRATION AND MANAGElv1ENT OF THE LEASE In connection with the administration and management of the Lease. City and County designates GPEDC as its agent for all purposes. Any rental payments resulting from the Lease, if any. will be collected by GPEDC and held in a separate account, and paid out of the separate account as directed by the joint written instructions of City and County. 6. DURAT[ON This Aareement shall rernain in full force and effect for a period beginning on the Effective Date of this Agreement and ending on the expiration or terntination of the Lease for any reason. 7, MISCELLANEOUS This Agreement shall be binding upon the parties hereto and upon their respective permitted successors and transferees, No party shall assign this Agreement or any rights or obligations hereunder. This :agreement shall be govertned by and construed irn accordance with the laws of the Commonwealth of Kentucky. The venue of any legal dispute shall be the McCracken Circuit Court. If one or more provisions of this Agreement, or the applicability of any such provisions for any set of circumstances shall be determined to be invalid or ineffective for any reason, such determination shall not affect the validity and enforceability of the remaining provisions of this Agreement or the applicability of the provisions found to be invalid or ineffective for a specific set of circumstances to other circumstances. This Agreement may be amended or any of its terns modified only by a writterr document authorized, executed and delivered by each of the parties hereto. on This Agreeii)ellt may be executed in one or more counterparts and �� hen each party hereto has executed at least one counterpart, this Agreement shall become binding on all parties lid Such Counterparts shall be cleemed to be one and the same document. Notices made or given by either party in conllection with this Agreement must be in writing to be effecti�'e. They shall be deemed given if deli\'erect personally (which includes notices given by messenger) or, if delivered by U.S. mail. EFFECTIVE DATE This Agreement shall be effective on the date when this Agreement is executed by all Llndel'sIynzd parties after the approval by governing body of each. IN M/'ITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized representatives as of.the date first above written. attest: City Clerk Attest: Fiscal Court Clerk CITY OF PADUCAH, KENTUCKY, Authorized by Action of the City Commission of the City oil .2014 Mayor COUNTY OF MCCRACKEN, Authorized by Action of the Fiscal County on , 2014 JLid(?e/ExecLlt1%e 7 KENTUCKY, Court of the The foregoiilo, instrument was prepared by: Lisa H. Emmons Denton & Kerner, LLP Post Office Box 929 Paducah, Kentucky 42002-0929 G.P. E. D.C., INC. By Title: Dated: A C01NIMONWEALTH OF KENTUCKY OFFICE OF THE ATTORNEY GENERAL 700 CAPITAL AVENUE, SUITE 11.8 FRANKFORT, KENTUCKY 4 0 6 0 1- 3 4 4 9 (502) 696-5300 INTERLOCAL COOPERATION AGREEMENT Renovation of Project Site for Industrial/Distribution Facility Leased To iVIACCO OrganigLieti Corporation between McCracken County, Kentucky City of Paducah, Kentucky and G.P.E.D.C., INC. APPROVED 2014 BY THE OFFICE OF TFIE ATTORNEY GENERAL M Jack Con%vay, Attorney General EXHIBIT A Project Site: 5455 Commerce Center Paducah, Kentucky BEING TRACT C, CONSISTING OF 10.2007 ,-ACRES. IN INDUSTRIAL PARK WEST, AS SHOWN ON THE WAIVER OF SUBDIVISION PLAT AT INDUSTRIAL PXRK ``EST TO CREATE NEW TRACT F AND REV ISE TRACT C OF RECORD IN PLAT SECTION "L," PAGE 1308, IN THE LNICCRAC KEN COUNTY COURT CLERK'S OFFICE. SUBJECT "rO DECLARATION OF PROTECTIVE COVENANTS AND RESTRICTIONS FOR INDUSTRIAL PARK WEST OF RECORD IN DEED BOOK, 1186, PAGE 67, AND RERECORDED IN DEED BOOK 1 186, PAGE 643. IN THE AFORESAID CLERK'S OFFICE. BEING THE SAME PROPERTY CONVEYEDTO CITY OF PADUCAH, KENTUCKY AND COUNTY OF MCCRACKEN, KENTUCKY BY DEED DATED iVIARCH , 2014. OF RECORD IN DEED BOOK , PAGE . IN THE t\/ICCRACKEN COUNTY COURT CLERK'S OFFICE