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HomeMy WebLinkAbout92-12-4875730 ORDINANCE NO. 92-12-Lb'7-5 AN ORDINANCE AUTHORIZING THE MAYOR PROTEM TO EXECUTE AN AGREEMENT BETWEEN THE DEPARTMENT OF HIGHWAYS, TRANSPORTATION CABINET, AND THE CITY OF PADUCAH FOR REIMBURSEMENT BY THE TRANSPORTATION CABINET OF AN AMOUNT NOT TO EXCEED $400,000.00 T FOR REPLACEMENT OF A RAILROAD BRIDGE ON COLEMAN ROAD WHEREAS, the parties hereto desire to provide for the replacement of the existing timber bridge on Coleman Road to better serve the travelling public and the Paducah Industrial Park; and WHEREAS, it has been determined by the Department and the City that this bridge replacement project would aid in the economic development of the City and McCracken County and improve safety and access on Coleman Road; and WHEREAS, the City has agreed to assume total responsibility for all phases of the Coleman Road bridge replacement project; and WHEREAS, the Department will reimburse the City an amount not to exceed $400,000 for construction of this bridge replacement project. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor Protem is hereby authorized to execute an Agreement with the Transportation Cabinet, for reimbursement by the Transportation Cabinet of an amount not to exceed $400,000.00, for replacement of a railroad bridge on Coleman Road.. This Agreement is attached hereto and incorporated by reference as if fully set out herein. SECTION 2. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor Protem ATTEST: /L X -J1 it Cer Introduced by the Board of Commissioners December 8, 1992 Adopted by the Board of Commissioners December 15, 1992 Recorded by Lenita Smith, City Clerk, December 15, 1992 Published by The Paducah Sun December ,2:L_, 1992 ord / c ontra c t 2