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HomeMy WebLinkAbout2024-03-8806ORDINANCE NO. 2024-03-8806 AN ORDINANCE AUTHORIZING A CONTRACT WITH COMPLETE DEMOLITION SERVICES, LLC, IN THE AMOUNT OF $221,000 FOR THE DEMOLITION OF 1501 BROADWAY AND AMENDING ORDINANCE NO. 2023-06-8777, ENTITLED, "AN ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL OPERATING BUDGET FOR THE FISCAL YEAR JULY 1, 2023, THROUGH JUNE 30, 2024, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT" KENTUCKY: NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, SECTION 1. The City of Paducah accepts the bid of Complete Demolition Services, LLC in the amount of $221,000, for the demolition of the property located at 1501 Broadway (Katterjohn Building), said bid being in substantial compliance with the bid specifications, advertisement for bid, and as contained in the bid of Complete Demolition Services, LLC of February 20, 2024. SECTION 2. The Mayor is hereby authorized to execute a contract with Complete Demolition Services, LLC, in the amount of $221,000 for the demolition of the property located at 1501 Broadway according to the specifications, bid proposal, and all contract documents heretofore approved and incorporated in the bid. SECTION 3. That the annual budget for the fiscal year beginning July 1, 2023, and ending June 30, 2024, as adopted by Ordinance No. 2023-06-8777, be amended by the following re -appropriation: • Move $221,000 from Investment Fund Fund Balance to Project Account No. MR0098. SECTION 4. That the expenditure authorized in Section 2 above be charged to Project Account No. MR0098. SECTION 5. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 7� George Bray, Mayor ATTEST: -�G A Lindsay Parisi; 'ity Clerk Introduced by the Board of Commissioners, February 27, 2024 Adopted by the Board of Commissioners, March 12, 2024 Recorded Lindsay Parish, City Clerk, March 12, 2024 Published by The Paducah Sun, March 15, 2024 \ord\finance\budget amend FY2024 and Contract Approval — Katterjohn —1501 Broadway Complete Demolition Services