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HomeMy WebLinkAbout2003-9-6695ORDINANCE NO. 2003-9-6695 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE AN AMENDMENT TO AGREEMENT FOR A MATCHING GRANT FROM THE KENTUCKY TRANSPORTATION CABINET FOR STREETSCAPE PHASE III WHEREAS, the City approved Ordinance No. 2002-5-6525 authorizing and directing the Mayor execute documents to obtain a matching grant in the amount of $300,000 from the Kentucky Transportation Cabinet with a local match of $75,0000, for Streetscape Phase Ems WHEREAS, the Kentucky Transportation Cabinet has notified the City that the federal share of the matching grant is increased $300,000 for a total grant amount of $600,000, and now requires an amendment to the agreement. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized and directed to execute an Amendment to Agreement for a matching grant from the Kentucky Transportation Cabinet for Streetscape Phase III for an increase in the amount of $300,000 to a total grant in the amount of $600,000. Local cash match increases $75,000 to $150,000. SECTION 2. Since the Kentucky Transportation Cabinet has already approved the Amendment to Agreement and continuation of work is pending, an emergency is hereby declared to exist and this ordinance shall become effective immediately with one reading. ATTEST: Jym9v Tammara S. Brock, City Clerk Introduced and adopted by the Board of Commissioners September 23, 2003 Recorded by Tammara S. Brock, City Clerk, September 23, 2003 Published by The Paducah Sun, September 27, 2003 \ord\plan\grants\streetscape phase iii - amend Y.791