Loading...
HomeMy WebLinkAbout2003-11-6714NNE.* ORDINANCE NO. 2003-11-6714 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT BETWEEN THE CITY OF PADUCAH AND PADUCAH AREA TRANSIT SYSTEM BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized to execute an agreement between the City of Paducah and Paducah Area Transit System in the amount of $375,000.00 for infrastructure improvements in Lowertown. Paducah Area Transit System will utilize Infrastructure Improvement grant funds in an amount up to $281,250.00 to reimburse the City upon completion of said improvements. The City will be responsible for the monetary match not to exceed $93,750.00. SECTION 2. The Finance Director is hereby authorized and directed to transfer $93,750.00 from the Commission Contingency account to the Street Resurfacing and Rehab account. SECTION 3. Due to the time period with the availability of grand funding sources and contractual time constraints, an emergency is hereby declared to exist and this ordinance shall become effective immediately. W/L-9' 7ay M m ATTEST: Tammara S. Brock, City Clerk Introduced and adopted by the Board of Commissioners November 11, 2003 Recorded by Tammara S. Brock, City Clerk, November 11, 2003 Published by The Paducah Sun, November 17, 2003 \ord\eng\contract-PATS(Lower town)